It appears that the imports of carbon black have been increasing by about 10% annually. a. Determine
Question:
It appears that the imports of carbon black have been increasing by about 10% annually.
a. Determine the logarithmic trend equation.
b. By what percent did imports increase, on the average, during the period?
c. Estimate imports for the year2016.
Transcribed Image Text:
Imports of Carbon Black Imports of Carbon Black Year (thousands of tons 2006 2007 2008 2009 Year 2010 2011 2012 2013 (thousands of tons) 92.0 101.0 112.0 124.0 135.0 149.0 163.0 180.0
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Related Book For
Statistical Techniques in Business and Economics
ISBN: 978-0078020520
16th edition
Authors: Douglas Lind, William Marchal
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