Solve the problem.
-Find a natural logarithmic regression equation for the following data and use it estimate the production level for the year 1980. (For the regression equation, assume $t = 0$ is the year 1950.)

A) $58.05$ million
B) $271.893333$ million
C) $60.65$ million
D) $69.4291429$ million

Question

Solve the problem.
-Find a natural logarithmic regression equation for the following data and use it estimate the production level for the year 1980. (For the regression equation, assume $t = 0$ is the year 1950.)

A) $58.05$ million 
B) $271.893333$ million 
C) $60.65$ million 
D) $69.4291429$ million

Quizplus · Accepted Answer

The Answer of Solve the problem.
-Find a natural logarithmic regression equation for the following data and use it estimate the production level for the year 1980. (For the regression equation, assume $t = 0$ is the year 1950.)

A) $58.05$ million 
B) $271.893333$ million 
C) $60.65$ million 
D) $69.4291429$ million

Solve the Problem t=0t = 0t=0 Is the Year 1950 58.0558.0558.05 Million B)

Solve the Problem $t = 0$ Is the Year 1950 $58.05$ Million
B)