The number of dairy cows on farms in the United States is shown in Table 4 for
Question:
The number of dairy cows on farms in the United States is shown in Table 4 for selected years since 1950. Let 1940 be year 0.
(A) Find a logarithmic regression model (y = a + b ln x) for the data. Estimate (to the nearest thousand) the number of dairy cows in 2023.
(B) Explain why it is not a good idea to let 1950 be year 0.
Transcribed Image Text:
Table 4 Dairy Cows on Farms in the United States Year Dairy Cows (thousands) 1950 23,853 1960 19,527 1970 12,091 1980 10,758 1990 10,015 2000 9,190 2010 9,117
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Related Book For
College Mathematics For Business Economics, Life Sciences, And Social Sciences
ISBN: 978-0134674148
14th Edition
Authors: Raymond Barnett, Michael Ziegler, Karl Byleen, Christopher Stocker
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