A technology manager of a small company would like to better understand the trends in laptop depreciation prior to purchasing a new set of laptops for the employees. She reviews laptop prices over the...


A technology manager of a small company would like to better understand the trends in laptop depreciation prior to purchasing a new set of laptops for the employees. She reviews laptop prices over the course of 9 months with the following results:




(a) Construct a scatter plot.


(b) Determine the appropriate non-linear function that matches the data.


(c) What does the model tell you about the relationship between laptop price and time?



Dec 24, 2021
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