Use the Regression Feature of a Graphing Utility to Find $y = a + b \ln x$

question 1

Multiple Choice

Use the regression feature of a graphing utility to find a logarithmic model $y = a + b \ln x$ for the data.
$( 1,3 ) , ( 2,4 ) , ( 3,4.5 ) , ( 4,5 ) , ( 5,5.1 ) , ( 6,5.2 ) , ( 7,5.5 )$

• A) \(y = 3.030 + 1.470 \ln x\)
• B) \(y = 3.022 + 1.758 \ln x\)
• C) \(y = 3.115 + 0.842 \ln x\)
• D) \(y = 3.083 + 1.257 \ln x\)
• E) \(y = 3.167 + 0.555 \ln x\)

Understand the impact of sample size on margin of error in interval estimation.

Determine the appropriate use of sample standard deviation in interval estimation when population standard deviation is unknown.

Apply the concept of margin of error in the development of interval estimates.

Understand the impacts and significance of historical documents and edicts in shaping early colonial history.

---

Definitions:

Assets

Resources owned by a company that have economic value and can provide future benefits.

Future Benefits

The projected economic advantages to be received from an investment, often used in evaluating the potential return from capital projects or investments.

Net Income

The amount of earnings remaining after all expenses, including taxes and costs, have been subtracted from total revenue.

Revenues

The total amount of money received by a company for goods sold or services provided during a specific period, before any deductions.