Models for Growth (Program 7)

Linear and exponential models

  1. Child's growth (human growth hormone) exhibits a linear relationship (slope) for children (age vs height).

  2. Ticket sales for James Bond movie (tickets vs weeks)

  3. Gypsy moths
    exponential growth of population, multiply by fixed amount

  4. Story about chess board and rice, keep doubling rice on each square, end up with infinite amount on last square.

  5. World crude oil production
    -log transformation: linear-exponential

Purpose: explore deeper questions about data

Business Forecasting HomePage