In Exercises, use logarithmic regression to model the data in the table. Use the model to predict the value of the function when t = 10, and interpret the real-world meaning of the result.
McDonalds’ Systemwide Sales
Years Since 1997 (0 | Sales (millions of dollars) (S) |
1 | 33,638 |
2 | 35,979 |
3 | 38,491 |
4 | 40,181 |
5 |
40,630
Source: www.mcdonalds.com.
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