/*! This file is auto-generated */ .wp-block-button__link{color:#fff;background-color:#32373c;border-radius:9999px;box-shadow:none;text-decoration:none;padding:calc(.667em + 2px) calc(1.333em + 2px);font-size:1.125em}.wp-block-file__button{background:#32373c;color:#fff;text-decoration:none} Problem 22 There are several extensions of ... [FREE SOLUTION] | 91Ó°ÊÓ

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There are several extensions of linear regression that apply to exponential growth and power law models. Problems \(22-25\) will outline some of these extensions. First of all, recall that a variable grows linearly over time if it adds a fixed increment during each equal time period. Exponential growth occurs when a variable is multiplied by a fixed number during each time period. This means that exponential growth increases by a fixed multiple or percentage of the previous amount. College algebra can be used to show that if a variable grows exponentially, then its logarithm grows linearly. The exponential growth model is \(y=\alpha \beta^{x}\), where \(\alpha\) and \(\beta\) are fixed constants to be estimated from data. How do we know when we are dealing with exponential growth, and how can we estimate \(\alpha\) and \(\beta\) ? Please read on. Populations of living things such as bacteria, locusts, fish, panda bears, and so on, tend to grow (or decline) exponentially. However, these populations can be restricted by outside limitations such as food, space, pollution, disease, hunting, and so on. Suppose we have data pairs \((x, y)\) for which there is reason to believe the scatter plot is not linear, but rather exponential, as described above. This means the increase in \(y\) values begins rather slowly but then seems to explode. Note: For exponential growth models, we assume all \(y>0\). Consider the following data, where \(x=\) time in hours and \(y=\) number of bacteria in a laboratory culture at the end of \(x\) hours. $$ \begin{array}{l|rrrrr} \hline x & 1 & 2 & 3 & 4 & 5 \\ \hline y & 3 & 12 & 22 & 51 & 145 \\ \hline \end{array} $$ (a) Look at the Excel graph of the scatter diagram of the \((x, y)\) data pairs. Do you think a straight line will be a good fit to these data? Do the \(y\) values seem almost to explode as time goes on? (b) Now consider a transformation \(y^{\prime}=\log y .\) We are using common logarithms of base 10 (however, natural logarithms of base \(e\) would work just as well). $$ \begin{array}{l|lllll} \hline x & 1 & 2 & 3 & 4 & 5 \\ \hline y^{\prime}=\log y & 0.477 & 1.079 & 1.342 & 1.748 & 2.161 \\ \hline \end{array} $$

Short Answer

Expert verified
The original data suggests exponential growth; a straight line wouldn't fit the \((x, y)\) data well but would fit \((x, \log y)\) data.

Step by step solution

01

Analyze the Scatter Plot

The given data for time \(x\) and number of bacteria \(y\) is plotted on a scatter plot. Observing this plot is crucial. The \(y\) values start slowly at 3, then increase to 12, 22, 51, and finally reaching 145, suggesting a rapid increase as \(x\) increases. This pattern is characteristic of exponential growth, where the rate of growth accelerates over time.
02

Consider the Logarithmic Transformation

To linearize the exponential relationship, we transform \(y\) using the common logarithm, resulting in \(y' = \log y\). The transformed \(y'\) values are: 0.477, 1.079, 1.342, 1.748, and 2.161. This transformation aims to reveal a linear relationship when \(y\) initially grows exponentially.
03

Analyze the Transformed Data

The \(y'\) values show that the relationship between \(x\) and \(\log y\) appears more linear than the original \(x\) and \(y\). This supports our hypothesis of exponential growth because if \(\log y\) (i.e., \(y'\)) vs. \(x\) appears linear, the original \(y\) vs. \(x\) was indeed exponential.
04

Conclusion on Data Fit

Based on our analysis of the scatter plot and the linear behavior of the transformed \(y'\) data, a straight line is not suitable for the original \(x\), \(y\) data because the \(y\) values explode as time progresses. However, a linear model fits the transformed \(y'\) data, indicative of underlying exponential growth in the original \(y\) values.

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Key Concepts

These are the key concepts you need to understand to accurately answer the question.

Linear Regression Extensions
In practical applications, linear regression is a fundamental tool for analyzing data and predicting outcomes. However, it often requires extensions to suit different types of growth models, particularly when dealing with exponential growth. When the relationship between variables is not a simple straight line, we might need to explore extensions to traditional linear regression. That's where understanding the structure of your data and the underlying growth pattern becomes crucial. - For instance, exponential growth cannot be captured accurately by a straightforward linear model because the growth rate accelerates over time. - In such cases, extensions like transforming the data (e.g., using logarithmic transformation) or employing non-linear regression techniques become essential for accurate modeling.
Applying these extensions can often convert a non-trivial problem into a more manageable one, allowing further insight into the data's behavior.
Logarithmic Transformation
Logarithmic transformation is a powerful mathematical tool that can make certain types of data more analyzable. When dealing with exponential growth models, transforming the data using logarithms can linearize the exponential relationship.This transformation takes a variable that grows exponentially and converts it into a new variable that grows linearly. In our example, the variable representing the number of bacteria was transformed using common logarithms, resulting in values that showed a straighter line when plotted against time. - The equation \(y = \alpha \beta^{x}\) becomes \(\log y = \log \alpha + x \log \beta\).- This transformation helps reveal the linear trend that underlies the exponential growth, allowing us to use linear regression techniques.
By converting exponential growth into a linear form, we can easily apply and interpret the results using familiar linear models, leading to a clearer understanding of the original data.
Population Growth Restrictions
Exponential growth, especially in populations, is frequently curtailed by several real-world factors. These restrictions can drastically alter the predictions of unbounded exponential models, emphasizing the need for careful consideration of such limitations. - Factors such as food supply, space availability, disease, and environmental conditions can hinder the growth rate of populations. - In biological systems, the carrying capacity is often introduced as a limiting factor to prevent predictions from excessively deviating from reality.
Understanding these restrictions helps in creating more realistic models. Instead of assuming infinite growth potential, incorporating constraints helps reflect the actual behavior of natural systems, ensuring predictions remain grounded and applicable to real-world scenarios.
Scatter Plot Analysis
Scatter plot analysis is a vital step in understanding data relationships. It visually presents the data points, offering an immediate sense of patterns and trends that might be present.In cases of exponential growth, the scatter plot typically shows a curve where the increase in values accelerates with increasing \(x\). Observing such patterns can indicate an exponential model might be more appropriate than a linear one. - The data points initially start slowly and then show a rapid increase. This suggests a deviation from linear growth, making a scatter plot indispensable for initial analysis.- The visual nature of scatter plots allows for a straightforward assessment of data tendencies, helping to inform further statistical analysis and model selection.
Utilizing scatter plot analysis empowers students and researchers alike to recognize and address non-linear structures in their data, paving the way for more tailored and effective modeling approaches.

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Most popular questions from this chapter

Describe the relationship between two variables when the correlation coefficient \(r\) is (a) near \(-1\). (b) near 0. (c) near 1 .

Trevor conducted a study and found that the correlation between the price of a gallon of gasoline and gasoline consumption has a linear correlation coefficient of \(-0.7 .\) What does this result say about the relationship between price of gasoline and consumption? The study included gasoline prices ranging from \(\$ 2.70\) to \(\$ 5.30\) per gallon. Is it reliable to apply the results of this study to prices of gasoline higher than \(\$ 5.30\) per gallon? Explain.

Do people who spend more time on social networking sites spend more time using Twitter? Megan conducted a study and found that the correlation between the times spent on the two activities was \(0.8\). What does this result say about the relationship between times spent on the two activities? If someone spends more time than average on a social networking site, can you automatically conclude that he or she spends more time than average using Twitter? Explain.

Suppose you are interested in buying a new Lincoln Navigator or Town Car. You are standing on the sales lot looking at a model with different options. The list price is on the vehicle. As a salesperson approaches, you wonder what the dealer invoice price is for this model with its options. The following data are based on information taken from Consumer Guide (Vol. 677). Let \(x\) be the list price (in thousands of dollars) for a random selection of these cars of different models and options. Let \(y\) be the dealer invoice (in thousands of dollars) for the given vehicle. $$ \begin{array}{l|lllll} \hline x & 32.1 & 33.5 & 36.1 & 44.0 & 47.8 \\ \hline y & 29.8 & 31.1 & 32.0 & 42.1 & 42.2 \\ \hline \end{array} $$ (a) Verify that \(\Sigma x=193.5, \quad \Sigma y=177.2, \quad \Sigma x^{2}=7676.71, \quad \Sigma y^{2}=6432.5\), \(\Sigma x y=7023.19\), and \(r \approx 0.977\) (b) Use a \(1 \%\) level of significance to test the claim that \(\rho>0\). (c) Verify that \(S_{e} \approx 1.5223, a \approx 1.4084\), and \(b \approx 0.8794\). (d) Find the predicted dealer invoice when the list price is \(x=40\) (thousand dollars). (e) Find a \(95 \%\) confidence interval for \(y\) when \(x=40\) (thousand dollars). (f) Use a \(1 \%\) level of significance to test the claim that \(\beta>0\). (g) Find a \(90 \%\) confidence interval for \(\beta\) and its meaning.

What is the symbol used for the population correlation coefficient?

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