Data from the Statistical Abstract of the United States show that in 1995 there were 56.61 thousand performances in the United States by nonprofit professional theaters. From 1995 through 2007, this number increased on average by about 8% each year. (a) Let P denote the number of performances, in thousands, and let t denote the time in years since 1995. Make an exponential model for P versus t. P(t)= 56.61(1.1)^t (b) How many performances by nonprofit professional theaters does your model give for2003? (Round your answer to three decimal places.) = Blank 2 performances by nonprofit professional theaters. Blank 1 56.61(1.1)^t MUN Blank 2 Add your answer
Data from the Statistical Abstract of the United States show that in 1995 there were 56.61 thousand performances in the United States by nonprofit professional theaters. From 1995 through 2007, this number increased on average by about 8% each year. (a) Let P denote the number of performances, in thousands, and let t denote the time in years since 1995. Make an exponential model for P versus t. P(t)= 56.61(1.1)^t (b) How many performances by nonprofit professional theaters does your model give for2003? (Round your answer to three decimal places.) = Blank 2 performances by nonprofit professional theaters. Blank 1 56.61(1.1)^t MUN Blank 2 Add your answer
Chapter6: Exponential And Logarithmic Functions
Section6.8: Fitting Exponential Models To Data
Problem 1TI: Table 2 shows a recent graduate’s credit card balance each month after graduation. a. Use...
Related questions
Question
Data from the Statistical Abstract of the United States show that in 1995 there were 55.61 thousand performances in the United States. From 1995 through 2007, this number increased on average by 8% each year.
Let P denote the number of performances in thousands, and leg t denote the times in years since 1995, make an exponential model for P Versus t.
how many performances by nonprofit professorial theaters does your model give for 2003? Round to three decimal places.
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps
Recommended textbooks for you
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage
Calculus For The Life Sciences
Calculus
ISBN:
9780321964038
Author:
GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:
Pearson Addison Wesley,
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill