Question bank / Two-variable data: models and scatterplots
The number of subscribers , in thousands, to a streaming service years after can be modeled by an exponential function of the form , where and are positive constants. The model estimates thousand subscribers in and thousand subscribers in . According to the model, by what percent does the number of subscribers increase each year?
Answer: B
From to is years, so . Taking the cube root, . A growth factor of means the number of subscribers increases by each year.
Choice D is the total percent increase over the three years (), not the yearly increase.
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