Use the REGRESSION Feature on a Graphing Calculator

question 107

Short Answer

Use the REGRESSION feature on a graphing calculator.
-A particular bacterium is found to have a doubling time of 20 minutes. If a laboratory culture begins with a
population of 300 of this bacteria and there is no change in the growth rate, how many bacteria will be present
in 55 minutes? Use six decimal places in the interim calculation for the growth rate.

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Definitions:

Perfect Competitor

An ideal market condition where all sellers offer identical products, leading to equal market share and no price control.

Input

Resources used in the process of production, such as labor, materials, and capital.

Substitution Effect

The change in consumption patterns due to a change in the relative prices of goods, leading consumers to substitute one good for another more or less expensive one.

Wage Rate

The standardized amount of money paid to an employee per unit of time or piece of work completed.