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Modeling Data: Profits

APSTAT-WQN1DA

Which equation would be the best to model the following data?

Year Profits ($Millions)
1 2
2 2.2
3 2.5
4 3
5 3.8
6 7
7 6.5
8 8
9 10
10 13
A

$\text{Profits}= 0.09437\text{(Year)} + 0.14367$

B

$\log{\text{(Profits)}} = 0.09437\log{\text{(Year)}} + 0.14367$

C

$\log{\text{(Profits)}} = 0.09437 \log{\text{(Year)}} + 0.14367$

D

$\text{Profits}= 1.168 \text{(Year)} - 0.827$

E

$\log{\text{(Profits)}} = 1.168\text{(Year)}-0.827$