The following data gives the approximate population of the world for selected years from 1850 until 2000. Year 1850 1900 1950 1980 2000 Population 1.3 (billions) 1.6 4.4 3 Assume that the population growth can be modeled with an exponential function p = bemx where x is the year and p is the population in billions. Use linearleast-squares regression to determine the constants b and m for which the function best fits the data. Use the equation to estimate the population in the year 1970.

Engineering Fundamentals: An Introduction to Engineering (MindTap Course List)
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Chapter15: Computational Engineering Tools Matlab
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The following data gives the approximate population of the world for selected years from 1850 until 2000.
Year
1850
1950 1980 2000
1900
Population 1.3
(billions)
1.6
3
4.4
6
Assume that the population growth can be modeled with an exponential function p = bemx where x is the
year and p is the population in billions. Use linearleast-squares regression to determine the constants b and
m for which the function best fits the data. Use the equation to estimate the population in the year 1970.
Transcribed Image Text:The following data gives the approximate population of the world for selected years from 1850 until 2000. Year 1850 1950 1980 2000 1900 Population 1.3 (billions) 1.6 3 4.4 6 Assume that the population growth can be modeled with an exponential function p = bemx where x is the year and p is the population in billions. Use linearleast-squares regression to determine the constants b and m for which the function best fits the data. Use the equation to estimate the population in the year 1970.
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