Use Exponential Regression to Determine What Happens To $y$ When 1 Is Added to T

question 19

Multiple Choice

Use exponential regression to determine what happens to $y$ when 1 is added to t. $$\begin{array} { | l | l | l | l | l | l | } \hline t & 1.48 & 4.66 & 7.7 & 11.05 & 14.44 \\\hline y & 4.82 & 18.67 & 75.09 & 360.67 & 1772.68 \\\hline\end{array}$$

• A) 1.58 is added to \(y\)
• B) 3.87 is added to \(y\)
• C) \(y\) is multiplied by 1.58
• D) \(y\) is multiplied by 3.87

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Definitions:

Unearned Surplus

Income derived from investments rather than from work or productive activity.

Henry George

Henry George was an American political economist and journalist who advocated for the "Single Tax" on land, arguing that this would reduce economic inequalities and promote social justice.

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An individual who starts and runs a business, taking on financial risks in the hope of profit.

Karl Marx

A 19th-century philosopher, economist, and political theorist whose works are the foundation of the theory of socialism and communism.