Computing exponential and logarithmic functions

Assignment Help Basic Statistics

Reference no: EM13120088

Many different kinds of data can be modeled using exponential and logarithmic functions. For example, exponential functions have been used by Thomas Malthus to describe the growth of human populations. Exponential growth has also been used to indicate how property values grow in strong real estate markets.

For this Discussion Board, create a set of data (find on web, textbook, etc.) that can be modeled as y = exp(x);

NOTE: This means y = ex provide a reference to the data.

Plot the data using Excel, including the equation for the fit.

Do the same for data that can be modeled using y = log(x) or y = ln(x)

Two Excel charts. One for each equation.

Discuss characteristics of the functions

Domain

Range

Intercepts

Asymptotes

Have convincing results

It should look like a log or exponential

2 Paragraphs plus Excel files

Reference no: EM13120088

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