Solve the Problem The Accountant Then Fit Both a Linear Graph and an Four

question 26

Multiple Choice

Solve the problem.
-An accountant tabulated a firm's profits for four recent years in the following table:
$\begin{array} { l | l } \text { Year } & \text { Profits } \\\hline 1996 & \$ 250,000 \\1997 & \$ 300,000 \\1998 & \$ 400,000 \\1999 & \$ 600,000\end{array}$

The accountant then fit both a linear graph and an exponential curve (seen below) to the data, in order to estimat profits. Use the linear graph to estimate the profits in the year $2002 .$

• A) About \(\$ 800,000\)
• B) About \(\$ 500,000\)
• C) About \(\$ 1,000,000\)
• D) About \(\$ 900,000\)

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Definitions:

Extinction

In the context of psychology, it refers to the gradual diminishing of a conditioned response when the reinforcement or the association with a stimulus is removed.

Operant Conditioning

An educational method where the intensity of an action is altered by either encouraging or penalizing it.

Forgetting

The loss of information from long-term memory, often considered a normal process due to various factors like interference, decay, or retrieval failure.

Classical Conditioning

a learning process that occurs when two stimuli are repeatedly paired; a response that is initially elicited by the second stimulus is eventually elicited by the first stimulus alone.