The number of dairy cows on farms in the United States is shown in Table 4 for

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The number of dairy cows on farms in the United States is shown in Table 4 for selected years since 1950. Let 1940 be year 0.

(A) Find a logarithmic regression model (y = a + b ln x) for the data. Estimate (to the nearest thousand) the number of dairy cows in 2023.
(B) Explain why it is not a good idea to let 1950 be year 0.

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College Mathematics For Business Economics, Life Sciences, And Social Sciences

ISBN: 978-0134674148

14th Edition

Authors: Raymond Barnett, Michael Ziegler, Karl Byleen, Christopher Stocker

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