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In 1990 a Town's Population Was 24382

question 69

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In 1990 a town's population was 24382. In 1998 the town's population increased to 30608. Assuming that the population increased exponentially the population in 2006 was 38424.


Definitions:

Empirical Distribution

An empirical distribution is a probability distribution derived from observed data, without assuming any initial distribution model.

Fit Distribution

The process of determining which probability distribution best matches a set of data.

Bootstrap Tool

A statistical method used for estimating the distribution of a statistic by resampling with replacement from the original data.

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