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    Trends, Forecasting and Curve-Fitting

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    Picture this-
    2001----------------128
    2002-----------------192
    2003----------------288
    2004-----------------432
    2005-----------------648

    How many catfish will there be in 2006?

    Please explain and give me a strategy for solving this problem?

    © BrainMass Inc. brainmass.com October 9, 2019, 9:07 pm ad1c9bdddf
    https://brainmass.com/math/curves/trends-forecasting-curve-fitting-173764

    Solution Preview

    We can use the exponential population growth function:

    P(t) = P(0)*e^kt

    where P(0) is the initial population, k is a constant, and t is the time frame.

    In our problem we can assume P(0) = 128. That means our time frame starts in the ...

    Solution Summary

    A curve is found to fit given data and to make a forecast.

    $2.19