Question: Modeling the following table shows the receipts (in billions of dollars) for world tourism for selected years 1990-2007.
(a) From a scatter plot of the data (with x = 0 in 1980), indicate whether an exponential, logarithmic, or logistic model is most appropriate. Explain.
(b) Find the best-fitting model of the type found in part (a).
(c) What does the model predict receipts for world tourism will be in 2010?
