3. Measures of Central Tendency and Dispersion
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After plotting the points on a coordinate plane, connect them to see the type of curve that best fits them.
Graph:
Model: Exponential
We want to determine the most appropriate model for the given data set.
(0,1), (1, 3), (2,9), (3,27), (4,81)
We see that the curve that best fits the points is an exponential curve. Therefore, the most appropriate model for the data set is an exponential model. Let's now remove the curve and leave only the given points.
Model: Exponential