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Begin by creating a table of data pairs (x,ln y) using the given information.
Possible Model: y=2.48(1.06)^x
We will first create a table of data pairs (x,ln y) using the given information.
| Age (in years), x | 20 | 30 | 40 | 50 | 60 |
|---|---|---|---|---|---|
| Near point (in centimeters), y | 12 | 15 | 25 | 40 | 100 |
| ln y | 2.48 | 2.71 | 3.22 | 3.69 | 4.61 |
Next, we will plot the transformed points.
Substitute ( 30,2.71) & ( 60,4.61)
Subtract terms
Calculate quotient
Round to 2 decimal place(s)
Now that we found the slope, we can write the equation in point-slope form. Let the point ( 30, 2.71) be our reference point. ln y-2.71=0.06(x-30) Next, we will isolate y to have the model in the form of y=ab^x.
Distribute 0.06
LHS+2.71=RHS+2.71
e^(LHS)=e^(RHS)
a = e^(ln(a))
a^(m+n)=a^m*a^n
(a^m)^n=a^(m* n)
Calculate power
Multiply
Round to 2 decimal place(s)
As a result, one possible model is y=2.48(1.06)^x depending on the choice of the points.