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Problem-Solving and Data AnalysisMediumPrediction from an exponential fit

Problem-Solving and Data Analysis practice question

An exponential curve fitted to a set of data is y = 50(1.2)ˣ. According to this model, what is the predicted value of y when x = 2?

Answer: 72

y = 50 × 1.2² = 50 × 1.44 = 72.

Common wrong answers

If you answered 60
60 is 50 × 1.2, the value at x = 1.
If you answered 70
70 adds 20% of 50 twice (10 + 10). The second 20% is taken of 60, giving 12.
If you answered 120
120 is 50 × 1.2 × 2, multiplying by 2 instead of squaring 1.2.

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