Consider the exponential prediction equation Yhat abX The v
Consider the exponential prediction equation Y(hat) = ab^X The values in logarithmic form are log a - 1 7782, log b = 1004 What is the predicted value of Y for X - 9?
Solution
As
y = a b^X
and
a = 10^1.7782 = 60.00673539
b = 10^0.1004 = 1.260085459
Then
y = 60.00673539*(1.260085459^9)
y = 480.6179645 [ANSWER]
