FMath12
4. Worldwide Snapchat Users from 2016-2019
able[[Users(millions),Year,],[118,2016 Q1 (March),],[145,2016 Q3 (Sept),],[160,2017 Q1 (March),],[170,2017 Q3 (Sept),],[188,2018 Q1 (March),],[179,2018 Q3 (Sept),],[182,2019 Q1 (March),],[203,2019 Q3 (Sept),]]
A financial analyst was examining user data for Snapchat. They looked at 3 years of data, 2016-2019, and used it to make predictions on future growth.
a) Based on the above data, is the regression curve exponential or logarithmic? How do you know?
b) According to this regression model, approximately how many Snapchat users were there in Sept 2015?
c) In 2014, Snapchat had approximately 40 Million users. Could you use this regression model to approximate Snapchat users in 2014? 2015? Why or why not?
d) According to this regression model, approximately how many Snapchat users will there be in 2022? How confident are you in your prediction? Explain.
WCLN.ca
FMath12
4. Worldwide Snapchat Users from 2016-2019 Users(millions) Year
118
2016 Q1 (March)
145
2016 Q3 (Sept)
160
2017 Q1 (March)
170
2017 Q3 (Sept)
188
2018 Q1 (March)
179
2018 Q3 (Sept)
182
2019 Q1 (March)
203
2019 Q3 (Sept)
used it to make predictions on future growth.
b) According to this regression model, approximately how many Snapchat users were there in Sept 2015?
c) In 2014, Snapchat had approximately 40 Million users. Could you use this regression model to approximate Snapchat users in 2014? 2015? Why or why not?
d) According to this regression model, approximately how many Snapchat users will there be in 2022? How confident are you in your prediction? Explain.