For the years 2013 through 2020, the estimated annual production of shale-natural gas in China, in billions

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For the years 2013 through 2020, the estimated annual production of shale-natural gas in China, in billions of cubic feet, can be approximated by the formula

y = 0.012(1.75)^t

where t is the number of years past 2010 (Source: Sanford C. Bernstein).

(a) What t-value corresponds to 2019?

(b) According to the formula, what is the production in 2019?

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Mathematical Applications For The Management, Life And Social Sciences

ISBN: 9781337625340

12th Edition

Authors: Ronald J. Harshbarger, James J. Reynolds

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Question Posted: Oct 01, 2020 02:17 AM

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For the years 2013 through 2020, the estimated annual production of shale-natural gas in China, in billions

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a t 2019 2010 9 b y ...View the full answer

Mathematical Applications For The Management, Life And Social Sciences

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