Chapter #9 What’s My Curve? 1 In this chapter we will study both linear and curved models…. They could be: EXPONENTIAL OR POWER MODELS !! 2 Since you all come from different classes last year (PRECALC, ALG 2 TRIG, ALG TRIG GENERAL) we need to check what you know/remember! 3 Time for A PRE-TEST!!!!!! ( don’t freak out..it’s not being graded!) 4 Time for a pretest!!! 5 HOW DID YOU DO????? 6 What makes something a power equation verses an exponential equation??? Power y ax Exponential b y a b x 7 Exponential Functions y a b x 8 In 1960 you could purchase a brand new Cadillac for __$$__________ 9 In 1960 you could purchase a brand new Cadillac for $5000.00!!!!! 10 How fast have prices risen??? Let’s explore... 11 Enter this data 12 Make a Scatterplot!!! Does a LINEAR model seem appropriate? 13 14 What type of function do you think this is? 15 Was this your choice??? 16 17 Write your model using words…... 18 •Price = 114.06(1.0535) 19 Price=114.06(1.0535) Since the base is LARGER than one it is EXPONENTIAL GROWTH by ______% Let’s look at the residual plot! 20 Price=114.06(1.0535) Since the base is LARGER than one it is EXPONENTIAL GROWTH by ______% Let’s look at the residual plot! 21 What do you think??? 22 Use your model to predict the price of a Cadillac in 2020!! Price=114.06(1.0535) 23 24 What do you think of our answer, $59,413.00??? 25 26 Turn to Page 1 in your packet 27 Turn to Page 1 in your packet 28 29 Page 2 30 Page 2 31 32 Page 3 33 Page 3 34 Page 3 35