Problem

BUSINESS: Organic Food Total U.S. sales of organic foods for recent years are given...

BUSINESS: Organic Food Total U.S. sales of organic foods for recent years are given in the following table.

a.Number the data columns with x-values 0–4 (so that x stands for number years since 2004) and use exponential regression to fit a curve to the data. State the regression formula. [Hint: See Example 12.]

b. Use the regression function to predict sales in the year 2014.

Reference : Example12

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