012345671750 1800 1850 1900 1950 2000 2050year,xpopulationP(billions)“”Best fit lineexponential model00.511.522.51750 1800 1850 1900 1950 2000 2050year,xlnP-0.5The “best fit line” is
not a perfect fit because
we are using real data.Straight line graphs (Chapter 7) 193The population data is presented on the graph below:The “best fit line”, P =0: 0222 x¡ 39 : 6 , does not fit the data very well. Instead, we try to fit an
exponential curve of the form P=aemx.Taking the natural logarithm of both sides, we have lnP=mx+lna, which is the equation of a
straight line.We now plot lnP againstx:The equation of this “best fit line” is lnP=¡ 15 :5+0:008 55x.Using our model this means that lny=¡ 15 :5+0:008 55x,
) the data can be modelled by P=e¡^15 :5+0:008 55x.This is shown as a dashed line on the original graph. This is not a
perfect fit either, but is a considerable improvement on the original
straight line graph.4037 Cambridge
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Y:\HAESE\CAM4037\CamAdd_07\193CamAdd_07.cdr Friday, 4 April 2014 11:50:30 AM BRIAN