Question: Exponential Regression The table below shows the population, P. (in thousands) of a town after 7 years. 0 3 7 12 14 19 3500 4085.18

Exponential Regression The table below shows the population, P. (in thousands)

Exponential Regression The table below shows the population, P. (in thousands) of a town after 7 years. 0 3 7 12 14 19 3500 4085.18 5262.71 7253.97 7913.16 10060.12 (a) Use your calculator to determine the exponential regression equation ] that models the set of data above. Round the value of a to two decimal places and round the value of b to three decimal places. Use the indicated variables. P (b) Based on the regression model, what is the percent increase per year? (c) Use your regression model to find P when n # 8. Round your answer to two decimal places. P thousand people (d) Interpret your answer by completing the following sentence. The population of the town after years Is thousand people

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