Question

the equation y=4.65x 1.37 fits the graph of stock XYZ over the past month with an r=value of 0.9894. How much do you think XYZ will be worth at x=19 days?

Answer 1

Answer: $1841.38 .

Explanation:

Given, the equation
`y=4.65(1.37)^x` fits the graph of stock XYZ over the past month with an r=value of 0.9894.

At x= 19,

`y=4.65(1.37)^(19)\\\\\Rightarrow\ y=4.65(395.9960)\\\\\Rightarrow\ y=1841.38`

Hence, At x= 19 days , the worth of XYZ will be $1841.38 .