Deck 19: Modeling Nearly Exponential Data

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Question
Exponential regression always provides an exact fit for data.
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Question
Exponential regression should never be used if data do not exhibit constant percentage change.
Question
Data that are decreasing at an increasing rate should not be modeled by an exponential function.
Question
If linear regression does not provide the proper fit for data, then exponential regression is always appropriate.
Question
For data that are approximately exponential, exponential regression can be used to find the approximate growth rate.
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Deck 19: Modeling Nearly Exponential Data
1
Exponential regression always provides an exact fit for data.
False
2
Exponential regression should never be used if data do not exhibit constant percentage change.
False
3
Data that are decreasing at an increasing rate should not be modeled by an exponential function.
True
4
If linear regression does not provide the proper fit for data, then exponential regression is always appropriate.
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5
For data that are approximately exponential, exponential regression can be used to find the approximate growth rate.
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