Question 1
Paper 1Medium7 marksA website records the number of visits per day during the first five days after its launch.
| number of days after launch | 1 | 2 | 3 | 4 | 5 |
|---|---|---|---|---|---|
| visits per day | 320 000 | 470 000 | 760 000 | 1 040 000 | 1 700 000 |
To work with more manageable values, let The manager considers an exponential model and a power model
For the exponential model, determine the fitted values of and and the Pearson’s product moment correlation coefficient for the linearized data. Give your answers to three significant figures.
For the power model, determine the fitted values of and and the Pearson’s product moment correlation coefficient for the linearized data. Give your answers to three significant figures.
State which model is better supported by these data, giving a reason based on the correlation coefficients.