why are the cars values modeled by exponential functions and not linear function?

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02-04-2022
Mathematics

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why are the cars values modeled by exponential functions and not linear function?

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aprilpadros aprilpadros · Answer 1 · 2022-04-02T11:59:27-04:00

aprilpadros aprilpadros

02-04-2022

If the 1st differences of consecutive y-values are constant or very nearly constant then a linear model will probably fit well. If the ratios of consecutive y-values are constant or very nearly constant then an exponential model will likely work well.

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