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Finding the Best Model. Construct a
Chapter 10, Problem 12 BSC(choose chapter or problem)
Finding the Best Model. In Exercises 5–16, construct a scatterplot and identify the mathematical model that best fits the given data. Assume that the model is to be used only for the scope of the given data, and consider only linear, quadratic, logarithmic, exponential, and power models.
Benford's Law According to Benford's law, a variety of different data sets include numbers with leading (first) digits that occur with the proportions listed in the following table.
Questions & Answers
QUESTION:
Finding the Best Model. In Exercises 5–16, construct a scatterplot and identify the mathematical model that best fits the given data. Assume that the model is to be used only for the scope of the given data, and consider only linear, quadratic, logarithmic, exponential, and power models.
Benford's Law According to Benford's law, a variety of different data sets include numbers with leading (first) digits that occur with the proportions listed in the following table.
ANSWER:
Solution 12 BSC
A suitable model for the same is given and a suitable non linear regression can be obtained through excel add in excel stat as follows:
• In excel Stat choose –Modeling data-nonlinear regression
• Choose the dependent and the independent variable and define the function or choose a inbuilt function available in functions option of the diagonal box
• Click ok to obtain the result as follows: