The number of Facebook users for each year from 2004 to 2016 can be found in the table below. Round all values to three decimal places. Year Users(in millions) 2004 1 2005 6 2006 12 2007 58 2008 145...


The number of Facebook users for each year from 2004 to 2016 can be found in the table below. Round all values to three decimal places.


   Year              Users(in millions)


   2004                    1


   2005                    6


   2006                   12


   2007                   58


   2008                  145


   2009                   360


   2010                   608


   2011                   845


   2012                  1056


   2013                  1230


   2014                  1440


   2015                   1710


   2016                   2000



Using years since 2000, do both exponential and logistic regression and be sure to graph them and compare them to the scatterplot of the data.


What model is the best fit to the data?


      exponential



       logistic



What is the equation of the best fit model?




What is the equation of the best fit model?




Is that value reasonable or not? Explain why.





  • Yes, the answer is reasonable.

  • No, the answer is not reasonable.





Jun 01, 2022
SOLUTION.PDF

Get Answer To This Question

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here