Assume that Whee, Cheatham, and Howe is an auditing firm that has found that its summer interns are subject to a 90 percent learning curve for one of its important tasks, proofreading financial statements. For one of its interns, Kim Down, the firm has started to analyze the relation between time and financial statement proofreading. Financial Statements Proofread (X) Time Required to Proofread the Xth Financial Statement 1 2.0 hours 2 1.8 hours 4 ? 8 ?

Essentials Of Business Analytics
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ISBN:9781285187273
Author:Camm, Jeff.
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Chapter6: Data Mining
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Assume that Whee, Cheatham, and Howe is an auditing firm that has found that its summer interns are subject to a 90 percent learning curve for one of its important tasks, proofreading financial statements. For one of its interns, Kim Down, the firm has started to analyze the relation between time and financial statement proofreading.

Financial Statements
Proofread (X)
Time Required to Proofread
the Xth Financial Statement
1 2.0 hours
2 1.8 hours
4 ?
8 ?
16 ?
 

 

Required:

a. Compute the time required to proofread 4, 8, and 16 financial statements.

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