QUESTION IMAGE
Question
the relationship between the number of years (x) that have passed and the population (y) for a small town is shown in the table.
population count per year
number of years (x) | population (y)
1 | 1,440
2 | 1,728
3 | 2,074
4 | 2,488
5 | 2,986
6 | 3,583
7 | 4,300
8 | 5,160
a regression equation for this data is y = 1,200(1.2)^x.
based on this data, which value is the best prediction for the town’s population after 12 years?
a. 6,020
b. 8,600
c. 8,916
d. 10,699
Step1: Identify the regression equation
Given equation: $y = 1200(1.2)^x$
Step2: Substitute x=12 into the equation
$y = 1200(1.2)^{12}$
Step3: Calculate $(1.2)^{12}$
$(1.2)^{12} \approx 8.9161$
Step4: Compute the final value
$y \approx 1200 \times 8.9161 = 10699.32$ (rounded to nearest integer)
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D. 10,699