Answer: The value of k = 0.9031
Step-by-step explanation: The equation for calculating the number of hits has been given as y = 4060ekt, where y is the number of hits and t is the number of months the website has been operating.
The values for y and t has been determined already as given, (y = 11000 and t = 3) therefore we can substitute for the known values in order to calculate the value of the unknown, k.
y = 4060kt
11000 = 4060 x 3k
11000/(4060 x 3) = k
11000/12180 = k
0.9031198 = k
Rounded to four decimal places,
k = 0.9031