Question

An exponential growth model is appropriate when consecutive function values appear to be changing by a constant

Solution

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Answered 1 year ago
Answered 1 year ago

Exponential function: f(x)=a(b)xf(x)=a(b)^x

Exponential growth values must have identical or very close growth factors (bb). This is an indication that each values are changing by an equal or constant percentage.

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