11.1.3 Exploration 11A: Developing our intuition about data that is non-proportional

Four graphs are shown below. For each, consider which of the basic functions you think would fit the data best. For your function, then describe what you think should be done to its graph in order to make it fit the data best. It might need to be shifted left or right, sifted up or down, flipped vertically or horizontally, stretched or squashed, or some combination of these.


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Data

Best choice for basic function

How to alter the function to fit




Annual Salary




Minimum Wage




Time




Interest




Now open the file C11 Exploration2.xls [.rda]. Test each of the possible trendlines (linear, logarithmic, exponential, power and polynomial of order 2 - do not use the moving average or higher order polynomials.) Be sure you display the equation and R2 value for each of the possible models. Write down the equation of the best fitting model and record its R2 in the chart below.




Data

Best Fit Trendline Equation

R2




Annual Salary




Minimum Wage




Time




Interest