The Revenue of a Company Is Being Monitored Each Month

question 86

Essay

The revenue of a company is being monitored each month. The initial revenue is $1.3 million. The table illustrates the data gathered over a 6-month time period.
Using a graphing calculator find an appropriate curve that models the revenue as a function of the number of months (round to the nearest thousandth).

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Definitions:

Fundamental Attribution Error

The tendency to overestimate personality-based explanations for others' behavior rather than situational factors.

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