Concept explainers
(a)
To determine: The table, which shows the number of households who use online banking and the number of households who use mobile banking for the provided years.
The mathematical models for the data are,
Number of households who use online banking is
(b)
To determine: The conclusion from the comparison of the values obtained from the mathematical model and the actual data.
(c)
To determine: The model, which is obtained from the ratio of the number of households who use mobile banking and the number of households who use online banking.
(d)
To determine: The ratios for the years 2011, 2012, 2013, and 2014. Use the model obtained from part (c).
Want to see the full answer?
Check out a sample textbook solutionChapter P Solutions
College Algebra
- The population of the United States is approximately 300,000,000 people. Find the population in 50 years if k=0.015. Round to the nearest million.arrow_forwardWhat does a G01 tell a machine to perform?arrow_forwardFind the mean hourly cost when the cell phone described above is used for 240 minutes.arrow_forward
- Algebra & Trigonometry with Analytic GeometryAlgebraISBN:9781133382119Author:SwokowskiPublisher:CengageHolt Mcdougal Larson Pre-algebra: Student Edition...AlgebraISBN:9780547587776Author:HOLT MCDOUGALPublisher:HOLT MCDOUGALBig Ideas Math A Bridge To Success Algebra 1: Stu...AlgebraISBN:9781680331141Author:HOUGHTON MIFFLIN HARCOURTPublisher:Houghton Mifflin Harcourt
- College Algebra (MindTap Course List)AlgebraISBN:9781305652231Author:R. David Gustafson, Jeff HughesPublisher:Cengage LearningGlencoe Algebra 1, Student Edition, 9780079039897...AlgebraISBN:9780079039897Author:CarterPublisher:McGraw HillMathematics For Machine TechnologyAdvanced MathISBN:9781337798310Author:Peterson, John.Publisher:Cengage Learning,