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It appears that the imports of carbon black have been increasing by about 10% annually. Imports Imports of Carbon Black of Carbon Black Year (thousands
It appears that the imports of carbon black have been increasing by about 10% annually. |
Imports | Imports | ||||
of Carbon Black | of Carbon Black | ||||
Year | (thousands of tons) | Year | (thousands of tons) | ||
2006 | 93 | 2010 | 132 | ||
2007 | 106 | 2011 | 145 | ||
2008 | 116 | 2012 | 166 | ||
2009 | 129 | 2013 | 187 |
a. | Determinethe logarithmic trend equation.(Round your answers to 4decimal places.) |
=+t, where 2006 is coded 1. |
b. | By what percent did imports increase, on the average, during theperiod?(Round youranswerto 2 decimal places.) |
Imports increased, on averagepercent. |
c. | Estimate imports for the year 2017.(Round your answer to 2 decimal places.) |
The antilog of= |
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