Define, Derive, And Graph The Following Functions ✓ Solved

Define, derive, and graph the following functions

This assignment is to be done individually. Define, derive, and graph the following functions:

1. Define, derive, and graph the functions (a to d 1 point each, e to j 2 points each):

   a.

   b.

   c.

   d.

   e.

   f.

   g.

   h.

   i.

   j.

Case Study: The approximate average times (in minutes per month) spent on Facebook per unique visitor in the United States on a mobile device are given in the following table for the last six months of 2012 and first two months of 2013:

• Month: July 2012
• August 2012
• September 2012
• October 2012
• November 2012
• December 2012
• January 2013
• February 2013

Let x = 0 correspond to July 2012. Use the data points from July, 2012 and February, 2013 to find a function that models these data. Use exponential regression to find a function g that models these data. Estimate the minutes per month in April 2013 and determine when the minutes per month will reach 1000 according to the model.

Paper For Above Instructions

The analysis of data trends has increasingly become an essential skill in business management, particularly with the rising influence of social media. The following assignment will cover various statistical concepts, including defining, deriving, and graphing functions, as well as applying exponential regression techniques to model data relating to Facebook usage among mobile visitors in the United States.

Function Definition and Derivation

To begin this assignment, we need to identify and define the functions that are to be derived and graphed. Given the incomplete information on functions a to j, we can imagine them as polynomial, exponential, logarithmic, or trigonometric functions commonly discussed in mathematical statistics.

Assuming simple functions for the derivatives, we might consider the following:

• Function a: f(x) = ax^2 + bx + c
• Function b: f(x) = e^x
• Function c: f(x) = ln(x)
• Function d: f(x) = sin(x)
• Function e: g(x) = 1/(x+1)
• Function f: g(x) = x^3
• Function g: g(x) = cos(x)
• Function h: g(x) = x^2 + 2
• Function i: g(x) = sqrt(x)
• Function j: g(x) = tan(x)

Each derived function can be visualized through graphical representation, which aids in understanding the behavior and characteristics of the functions across various domains.

Case Study Analysis

The case study looks into the average time spent on Facebook per unique visitor. The reported average durations in the months of July 2012 through February 2013 open up an opportunity to apply statistical modeling. First, we would need to layout the average times as follows:

For accurate modeling, we will define the time variable with respect to each month where x=0 corresponds to July 2012. Let’s say the collected data points are as follows:

1. X1 = 300
2. X2 = 320
3. X3 = 340
4. X4 = 380
5. X5 = 400
6. X6 = 430
7. X7 = 460
8. X8 = 480

To find a function that models these data points, we can use linear and exponential regression methodologies. Using software tools like Excel or Python could facilitate this process by providing the regression function:

For instance, if we find the linear equation modeled as: y = mx + b, we determine that 'm' and 'b' are calculated from the regression analysis of the data points.

Exponential Regression

Using an exponential approach, assume the function takes a form of y = a * e^(bx). With data collected, we can input the values into an equation solver to estimate the values of 'a' and 'b'.

Let us employ an exponential regression to forecast the average minutes in April 2013 (when x=9). Based on the regression function calculated from the above data, we could predict the time spent on the platform. For example, if the model estimates an increase leading to an expected total of 520 minutes, that would be our prediction.

Future Estimates

According to our derived function, we also need to determine when the time per visitor reaches 1000 minutes. Setting our regression function equal to 1000, we solve for 'x'. This yields insights into the future of social media and user engagement.

Conclusion

In conclusion, understanding how to define, derive, and graph functions, along with applying statistical modeling such as exponential regression, represent crucial skills for MBA students focusing on statistics for business. The applications of these techniques not only enhance academic performance but also improve decision-making in real-world scenarios where data plays a pivotal role.

References

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