3. The data in the accompanying table show the growth of cellular phone subscriptions in the U.S. from 1993 to 1999. Year 1993 1995 1996 1997 1999 Subscriptions(millions) 16.00 33.80 44.10 55.30 86.05 a) Fit an exponential curve y = ab* that best fits the data, where x = 0 represents the year 1990 and y is the number of cellular phone subscriber. Approximate a and b to the nearest thousandth. b) Use the model to estimate the number of cellular phone subscriber in 1998.

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
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...
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3. The data in the accompanying table show the growth of cellular phone subscriptions in
the U.S. from 1993 to 1999.
Year
1993
1995
1996
1997
1999
Subscriptions(millions)
16.00
33.80
44.10
55.30
86.05
a) Fit an exponential curve y = ab* that best fits the data, where x = 0 represents the year 1990
and y is the number of cellular phone subscriber. Approximate a and b to the nearest
thousandth.
b) Use the model to estimate the number of cellular phone subscriber in 1998.
Transcribed Image Text:3. The data in the accompanying table show the growth of cellular phone subscriptions in the U.S. from 1993 to 1999. Year 1993 1995 1996 1997 1999 Subscriptions(millions) 16.00 33.80 44.10 55.30 86.05 a) Fit an exponential curve y = ab* that best fits the data, where x = 0 represents the year 1990 and y is the number of cellular phone subscriber. Approximate a and b to the nearest thousandth. b) Use the model to estimate the number of cellular phone subscriber in 1998.
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