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E a function of x, E is what and x is what? im guessing E is graduates and x is year?
yes I used cal to get a b and r
plug 5mill into E(x) and solve for x
yes got that but do I ln or log...can't remember
years are in decades and graduates are in 1000s so would I divide 5 mil by 100
do log base 1.03 there is probably a key on your calculator
is that ln
actually im sorry you are right take the natural log of both sides. and the exponent of x will come out as a multiple of ln(1.03) so \[\ln(1.03^x) = xln(1.03)\] ln(1.03) is just a constant so you can divide by it on both sides
thank you for the confirmation
one more thing I have year 2050 from the linear function and year 2070 from the exponential...which one seems more reasonable?
based on the values of correlation factor r the linear function would be but if you're looking at 5 million wouldn't it take less years to get there Exponentially versus linearly
im not sure from what was given i only know of E(x) and x,
used 5000 instead of 5 mil bc grads in 1000s is that right?
yeah to which question, lol?
lol just agreeing with the thing you said about linear versus exponential growth it would have to be 2050. but i would look into that more as to how to get to that answer