Question: Please provide solution with graph A hotel trying to attract new business built a banquet hall 8 years ago. The following table shows the number
Please provide solution with graph
A hotel trying to attract new business built a banquet hall 8 years ago. The following table shows the number of events hosted in the hotel's banquet hall each year since it was built.
Years since built
1
2
3
4
5
6
7
8
Number of events
50
112
150
160
200
215
225
232
Is this data best represented by an exponential regression model or a logarithmic regression model? Write the equation for the appropriate regression model to the best of your abilities.
Using your equation that you developed, predict the number of events on the 14th year.
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