213k views
1 vote
Need help with this Thankyou

Need help with this Thankyou-example-1

1 Answer

4 votes

Answer: The Answer choice to this question is A) 12,330

Explanation:

If we assume that the relationship is exponential, then the values of Cash Paying Drivers have a Constant ratio.

->
(17,926)/(18,426) is approximately constant as
(17,202)/(17,926),(16,361)/(17102),(15,213)/(16,361)

-> 0.9728, 0.9540, 0.9567, 0.9298

The mean of the value above is 0.9533

After 9 weeks, the best estimate of the number of drivers who pay by Cash will be 18,428 x (0.9533)^8 ≈ 12,569

Since this is closer to 12,330, so the answer is A

User Pavel Machyniak
by
7.3k points

No related questions found