Business
Business, 15.04.2020 19:22, cesarcastellan9

Global use of cell phones grew rapidly between 1989 and 2000. below is a scatterplot of the percentage of people in the world who are cell phone subscribers versus year for this time interval, along with the residual plot from a linear regression analysis. (a) is a linear model appropriate for these data? justify your answer. (b) below is a scatterplot of the natural logarithm of cell phone subscribers vs. year. this relationship is clearly more linear that the one above. does this suggest that the relationship between cell phone subscribers and year can be modeled by an exponential function or by a power function? explain. (c) computer output from the regression of ln (cell phone subscribers) vs. year is given below. use it to predict the percentage of people in the world who were cell phone subscribers in 2005. (d) comment on the reliability of this prediction.

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Global use of cell phones grew rapidly between 1989 and 2000. below is a scatterplot of the percenta...

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