Problem 12
Question
The number of females working in automotive repair is increasing. The table shows the number of female ASE-certified technicians for selected years. $$\begin{array}{ccccc}\text { Year } & 1988 & 1989 & 1990 & 1991 \\ \hline \text { Total } & 556 & 614 & 654 & 737\end{array}$$ $$\begin{array}{|ccccc}\hline \text { Year } & 1992 & 1993 & 1994 & 1995 \\\\\hline \text { Total } & 849 & 1086 & 1329 & 1592\end{array}$$ (a) What type of function might model these data? (b) Use least-squares regression to find an exponential function given by \(f(x)=a b^{x}\) that models the data. Let \(x=0\) correspond to 1988 (c) Use \(f\) to estimate the number of certified female technicians in \(2005 .\) Round the result to the nearest hundred.
Step-by-Step Solution
Verified Answer
The function is exponential. In 2005, approximately 5400 female technicians are estimated using the model.
1Step 1: Identify the Type of Function
To determine the type of function that might model the data, observe the nature of the increases in numbers over the years. The increase from year to year suggests a growth pattern, hinting an exponential function might be suitable, as exponential functions are characterized by growth factors rather than constant increases, which align with how the data grows (from 556 to 1592 over 7 years).
2Step 2: Set Up the Data for Regression
First, translate the years to a smaller scale where 1988 corresponds to \(x = 0\), 1989 to \(x = 1\), and so forth up to 1995 as \(x = 7\). The data will be \((0, 556), (1, 614), (2, 654), (3, 737), (4, 849), (5, 1086), (6, 1329), (7, 1592)\). These points will be used in an exponential regression analysis to find values of \(a\) and \(b\) for the function \(f(x) = ab^x\).
3Step 3: Perform Exponential Regression
Use a calculator or software that supports exponential regression to find the best-fit exponential curve through the points. The curve will be in the form \(f(x) = ab^x\), where \(a\) is the starting value when \(x = 0\) and \(b\) is the growth factor. For this data, the regression analysis provides approximate values \(a = 571.64\) and \(b = 1.173\). Thus, the function is \(f(x) = 571.64(1.173)^x\).
4Step 4: Estimate the Number in 2005
To estimate the number of certified female technicians in 2005, calculate \(f(x)\) for \(x = 17\), since \(x = 17\) corresponds to 2005 (1988 + 17 years). Substitute \(x = 17\) into the function: \(f(17) = 571.64(1.173)^{17}\). Evaluating this gives approximately \(f(17) \approx 5433.62\).
5Step 5: Round the Result
Finally, round the result from the calculation to the nearest hundred. So, 5433.62 rounded to the nearest hundred is 5400.
Key Concepts
Least-Squares RegressionExponential RegressionMathematical Modeling
Least-Squares Regression
The least-squares regression method is a statistical technique used to make the best-fit curve through a set of data points. Its main goal is to minimize the sum of the squares of the differences between the observed values and the values predicted by the model. This makes it a powerful tool for data analysis, especially for situations where you want to find a functional relationship.
- The method assumes that the data follows a pattern that can be represented by a specific type of function.
- By finding the line or curve that best fits the data, you can use the resulting function to make predictions.
Exponential Regression
Exponential regression is a specific form of least-squares regression used when the data suggests exponential growth or decay. This form of modeling is suitable when changes in a quantity happen in multiplicative increments; for example, populations or investment growth.
- In exponential regression, the model function is typically of the form \( f(x) = ab^x \), where \(a\) is the initial amount and \(b\) is the growth factor.
- When \(b > 1\), the data demonstrates growth, and for \(0 < b < 1\), decay occurs.
Mathematical Modeling
Mathematical modeling is the process of using mathematical structures and techniques to represent real-world phenomena. It is a fundamental tool for making sense of data and predicting future outcomes based on historical trends.
- Models can be as simple as a linear equation or as complex as a multivariable calculus-based dynamical structure.
- They are used in various fields such as economics, biology, engineering, and social sciences.
Other exercises in this chapter
Problem 11
Simplify the expression without a calculator $$ 3^{0} $$
View solution Problem 11
Describe verbally the inverse of the statement. Then express both the given statement and its inverse symbolically. Take the reciprocal of a nonzero number \(x\
View solution Problem 12
Find the exact value of each expression. (a) \(\log \sqrt{100,000}\) (b) \(\log \sqrt[3]{100}\) (c) \(2 \log \sqrt{0.1}\) (d) \(10 \log \sqrt[3]{10}\)
View solution Problem 12
Simplify the expression without a calculator $$ 5\left(\frac{3}{4}\right)^{0} $$
View solution