Math 1314 Core Assignment Quantitative Literacy
You will be creating a technical document. It should illustrate your use of math, technology, graphs and communication skills.
Your document will contain two scenarios, both utilizing exponential functions and their graphs: Part I Exponential Growth and Part II Exponential Decay
In each scenario, you will create a representation with the help of Microsoft Excel to generate a graph, which will display your information from some real-world time oriented data.
Start with creating a document in Microsoft Word
Use the following heading:
Math 1314 College Algebra
Core Assignment Quantitative Literacy
Data Trend Assignment
Part I Exponential Growth
Use the Internet to find some data of exponential growth.
Examples of exponential growth might include disease spread in a population (Corona virus statistics in a country or state), the change in a country’s population, the world population, the rising cost of home prices in our nation, etc.
Your report must include data values.
Your report must include a graph.
The graph must contain plotted points of your data.
The best fit exponential equation (generated by Excel or developed algebraically)
Title for the graph and labels for horizontal and vertical axes.
You must give a verbal description of the information presented in your graph.
Explain what the data is measuring and the unit of time that is used (days, months, years, and hours)
You must include a description of how the values change (as a %) for your given unit of time.
You must use the equation found in step 2 to make a numerical prediction of a future data value beyond your data set.
You need to substitute a value for time into your equation to make your prediction and explain.
Cite your sources.
Part II Exponential Decay
(Repeat the 5-step process from Part I)
Examples of exponential decay might include the decreasing value of a purchased and aging vehicle. Radioactive decay is another example. You may use the following websites for data nadaguides.com or Kbb.com
Data Values: 10 points each, Part I & Part II
Graph and equation: 15 points each, Part I & Part II
Verbal Description: 10 points each, Part I and Part II
Numerical Prediction 10 points each, Part I & Part II
Data Source: 5 points each, Part I & Part II
Total: 100 points
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