SOLUTION: PLEASE HELP ME! THERE ARE 4 PART OF THE QUESTIONS TO THIS PROBLEM. Revenues from an electronic device are shown in the table. Let P be the revenue (in millions of dollars) fro

Question 846560: PLEASE HELP ME!
THERE ARE 4 PART OF THE QUESTIONS TO THIS PROBLEM.
Revenues from an electronic device are shown in the table. Let P be the revenue (in millions of dollars) from sales of the device in the year that is t years since 2000.
Year Revenue (millions of dollars)
2000 1.24
2001 1.12
2002 0.83
2003 0.73
2004 0.64
Question A: Find an approximate equation h(t)= ab^t of the exponential curve that contains the points (0,1.24) and (4,0.64).
Question B: Find the exponential regression equation.
Question C: Use r to estimate the percentage rate of decay of revenues from the electronic device.
Question D: Use r to estimate the revenue from the electronic device in 2012.
PLEASE HELP ME TO SOLVE THE PROBLEM! I HAVE BEEN STUCK ON THIS PROBLEM FOR A LONG TIME! AND PLEASE SHOW WORK, SO I CAN UNDERSTAND IT!!
THANK YOU SO MUCH!!
Answer by Fombitz(32388) (Show Source): You can put this solution on YOUR website!
Duplicate question.
See Answers 509785 and 509777.
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