Question
The function
can be used to predict diamond production. For this function,
is the number of years after 2017 , and
is the value (in billions of dollars) of the year’s diamond production. Use this function to predict diamond production in 2025 .
is the value (in billions of dollars) of the year’s diamond production. Use this function to predict diamond production in 2025 .
Ask by Rojas Erickson. in the United States
Jan 22,2025
Upstudy AI Solution
Tutor-Verified Answer
Answer
The predicted diamond production in 2025 is $118.83 billion.
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To predict diamond production in 2025, we need to determine the value of
for that year. Since
represents the number of years after 2017, for 2025,
.
Now, plug in
into the function:
Calculating this gives:
Thus, the predicted diamond production in 2025 is approximately 118.83 billion dollars.