1. **State the problem:** We want to find the best fit line for the data points (50, 64.7), (60, 51.3), (70, 40.5), (90, 25.9), (100, 7.5) using the least squares method for the model $Y = X^A \cdot B$.
2. **Transform the model:** Taking natural logarithms on both sides gives:
$$\ln Y = A \ln X + \ln B$$
Let $y = \ln Y$, $x = \ln X$, and $c = \ln B$. The model becomes linear:
$$y = A x + c$$
3. **Calculate $x$ and $y$ values:**
\begin{align*}
&x_i = \ln X_i, \quad y_i = \ln Y_i\\
&(50, 64.7) \to (\ln 50, \ln 64.7) \\ &(60, 51.3) \to (\ln 60, \ln 51.3) \\ &(70, 40.5) \to (\ln 70, \ln 40.5) \\ &(90, 25.9) \to (\ln 90, \ln 25.9) \\ &(100, 7.5) \to (\ln 100, \ln 7.5)
\end{align*}
4. **Compute sums needed for least squares:**
Calculate $\sum x_i$, $\sum y_i$, $\sum x_i y_i$, $\sum x_i^2$, and $n=5$.
5. **Formulas for slope $A$ and intercept $c$:**
$$A = \frac{n \sum x_i y_i - \sum x_i \sum y_i}{n \sum x_i^2 - (\sum x_i)^2}$$
$$c = \frac{\sum y_i - A \sum x_i}{n}$$
6. **Calculate $A$ and $c$ using the sums from step 4.**
7. **Find $B$ by exponentiating $c$:**
$$B = e^c$$
8. **Write the final fitted model:**
$$Y = B X^A$$
This model best fits the data in the least squares sense.
Least Squares Fit
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