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Modeling Exponential Functions

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Many different kinds of data can be modeled using exponential and logarithmic functions. For example, exponential functions have been used by Thomas Malthus to describe the growth of human populations. Exponential growth has also been used to indicate how property values grow in strong real estate markets.

Create a set of data that can be modeled as y = exp(x); provide a reference to the data. Plot the data using Excel, including the equation for the fit. Do the same for data that can be modeled using y = 10x.

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Expontial functions are modeled using compounding interest as an example. The solution is detailed and well presented. The response was given a rating of "5/5" by the student who originally posted the question.

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