In a Study of Feeding Behavior, Zoologists Recorded the Number

question 47

Essay

In a study of feeding behavior, zoologists recorded the number of grunts of a warthog feeding by a lake in the 15 minute period following the addition of food. The data showing the number of grunts and and the age of the warthog (in days) are listed below:

$\begin{array}{cc}\hline \text {Number of Grunts }&\text { Age (days) }\\\hline 87 & 122 \\65 & 138 \\36 & 152 \\41 & 157 \\60 & 164 \\37 & 171 \\59 & 180 \\14 & 186 \\17 & 192 \\\hline\end{array}$

Find and interpret the value of r.

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Definitions:

Utility Function

A mathematical representation that ranks an individual's preferences for various goods and services, aiming to measure their level of satisfaction.

Units of X

A quantitative measure used to express the amount of a variable or entity X.

Price of X

Refers to the current market price of a specific good, service, or commodity.

Utility Function

A mathematical representation that ranks an individual's preferences over a set of goods or services, showing their relative satisfactions or levels of utility.