Finite Math and Applied Calculus (6th Edition)

Published by Brooks Cole
ISBN 10: 1133607705
ISBN 13: 978-1-13360-770-0

Chapter 9 - Review - Review Exercises - Page 672: 34

Answer

$f(x)=\displaystyle \frac{25}{1+4(1.1)^{-x}}$

Work Step by Step

Logistic model: $f(x)=\displaystyle \frac{N}{1+Ab^{-x}}$, where $N$ = limiting value. While x is relatively small, $f$ behaves exponentially, $f(x)\displaystyle \approx(\frac{N}{1+A})b^{x}.$ We are given $\left\{\begin{array}{l} N=25,\\ b=1.1,\\ \dfrac{N}{1+A}=5 \end{array}\right.$ We plug this in to obtain: $\dfrac{N}{1+A}=5\quad\Rightarrow\left\{\begin{array}{ll} \dfrac{25}{1+A} & =5\\ \dfrac{25}{5} & =1+A\\ 5-1 & =A\\ A & =4 \end{array}\right.$ Thus, we get: $f(x)=\displaystyle \frac{25}{1+4(1.1)^{-x}}$
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