OCR Pure 1 2018 September — Question 9

Exam BoardOCR
ModulePure 1 (Pure Mathematics 1)
Year2018
SessionSeptember
TopicExponential Functions

9 An analyst believes that the sales of a particular electronic device are growing exponentially. In 2015 the sales were 3.1 million devices and the rate of increase in the annual sales is 0.8 million devices per year.
  1. Find a model to represent the annual sales, defining any variables used.
  2. In 2017 the sales were 5.2 million devices. Determine whether this is consistent with the model in part (i).
  3. The analyst uses the model in part (i) to predict the sales for 2025. Comment on the reliability of this prediction.