Problem

You now conclude that wheat production for the past 100 years is better described as inc...

You now conclude that wheat production for the past 100 years is better described as increasing exponentially than linearly, contradicting Malthus, and moreover that it shows no sign of leveling off as yet.

Use the wheat production data starting at 1950 to construct the exponential regression model in two ways: directly, and using a linear transformed model as above. (Round coefficients to three digits.) Comparing the growth constant k of your model with that of the exponential model based on the data from 1900 on. How would you interpret the difference?

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