Question

Suppose I have data about the U.S. Gross Domestic Product (GDP) for every year from 1970 until 20...

Suppose I have data about the U.S. Gross Domestic Product (GDP) for every year from 1970 until 2015, and I want to create a modeling function G(t) to make predictions about the GDP in the future. Which of the following types of functions would be the most appropriate choice for this model?

Linear

Exponential

Logarithmic

Quadratic

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Fox predicting the us Grfos domestic troduct the most otpopiate choice it E:ponential method uould be the most oggrobiate met

Add a comment
Know the answer?
Add Answer to:
Suppose I have data about the U.S. Gross Domestic Product (GDP) for every year from 1970 until 20...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Exp oration #23-Solving Exponential Equations: HOMEWORK Homework Project A GDP of China e gross domestic product GDP of a country is the total value of goods and services produced y a country during...

    Exp oration #23-Solving Exponential Equations: HOMEWORK Homework Project A GDP of China e gross domestic product GDP of a country is the total value of goods and services produced y a country during one year. The United States has the largest GDP in the world, and it has been rising steadily over the past few decades. While China has a lesser GDP than the US, it's GDP has seen greater and greater increases in the recent past. The following data...

  • I have this case study to solve. i want to ask which type of case study...

    I have this case study to solve. i want to ask which type of case study in this like problem, evaluation or decision? if its decision then what are the criterias and all? Stardust Petroleum Sendirian Berhad: how to inculcate the pro-active safety culture? Farzana Quoquab, Nomahaza Mahadi, Taram Satiraksa Wan Abdullah and Jihad Mohammad Coming together is a beginning; keeping together is progress; working together is success. - Henry Ford The beginning Stardust was established in 2013 as a...

  • Using data from the Southwest case, create a chart that plots the relationship between each airline’s...

    Using data from the Southwest case, create a chart that plots the relationship between each airline’s market share, in terms of revenue or airline seat miles flown, and its profitability for two periods: 1995-2000 and 2001-2005. Does your analysis suggest that market share is correlated with profitability in this industry? If you exclude Southwest Airlines and Jet Blue airlines from the analysis (companies that use “point-to-point” route structure rather than a “hub and spoke” route structure), how well does market...

  • I need Summary of this Paper i dont need long summary i need What methodology they used , what is the purpose of this p...

    I need Summary of this Paper i dont need long summary i need What methodology they used , what is the purpose of this paper and some conclusions and contributes of this paper. I need this for my Finishing Project so i need this ASAP please ( IN 1-2-3 HOURS PLEASE !!!) Budgetary Policy and Economic Growth Errol D'Souza The share of capital expenditures in government expenditures has been slipping and the tax reforms have not yet improved the income...

  • Please read the article and answer about questions. You and the Law Business and law are...

    Please read the article and answer about questions. You and the Law Business and law are inseparable. For B-Money, the two predictably merged when he was negotiat- ing a deal for his tracks. At other times, the merger is unpredictable, like when your business faces an unexpected auto accident, product recall, or government regulation change. In either type of situation, when business owners know the law, they can better protect themselves and sometimes even avoid the problems completely. This chapter...

  • I need Summary of this Paper i dont need long summary i need What methodology they used , what is the purpose of this...

    I need Summary of this Paper i dont need long summary i need What methodology they used , what is the purpose of this paper and some conclusions and contributes of this paper. I need this for my Finishing Project so i need this ASAP please ( IN 1-2-3 HOURS PLEASE !!!) SPECIAL ARTICLES tole of Monetary Policy C Rangarajan What should be the objectives of monetary policy? Does the objective of price stability conflict with the goal of achieving...

  • Read the attached article. Do you feel one style of banking control is more stable than...

    Read the attached article. Do you feel one style of banking control is more stable than the other? Why? Does one banking method minimize market volatility and risk better or is it just packaged differently? Do you feel the US (Western) Banking system can better control the patterns of behavior going forward that have caused economic damage in the past? Should the Fed continue its stimulus policy, reduce it or abandon it entirely (Google some recent articles to research this)?  (Please...

  • CASE 8 Unlocking the Secrets of the Apple iPhone in the Name of access the male...

    CASE 8 Unlocking the Secrets of the Apple iPhone in the Name of access the male San Bernardino suspect's iPhone 5c. Cook stated: Antiterrorism We are challenging the FBI's demands with the deepes respect for American democracy and a love of our country. We believe it would be in the best interest of everyone to step back and consider the implications While we believe the FBI's intentions are good, if would be wrong for the w e nt to force...

  • Chapter overview 1. Reasons for international trade Resources reasons Economic reasons Other reasons 2. Difference between...

    Chapter overview 1. Reasons for international trade Resources reasons Economic reasons Other reasons 2. Difference between international trade and domestic trade More complex context More difficult and risky Higher management skills required 3. Basic concept s relating to international trade Visible trade & invisible trade Favorable trade & unfavorable trade General trade system & special trade system Volume of international trade & quantum of international trade Commodity composition of international trade Geographical composition of international trade Degree / ratio of...

  • Using the book, write another paragraph or two: write 170 words: Q: Compare the assumptions of...

    Using the book, write another paragraph or two: write 170 words: Q: Compare the assumptions of physician-centered and collaborative communication. How is the caregiver’s role different in each model? How is the patient’s role different? Answer: Physical-centered communication involves the specialists taking control of the conversation. They decide on the topics of discussion and when to end the process. The patient responds to the issues raised by the caregiver and acts accordingly. On the other hand, Collaborative communication involves a...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT