Finite Math and Applied Calculus (6th Edition)

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

Chapter 9 - Section 9.4 - Logistic Functions and Models - Exercises - Page 668: 23b

Answer

$ 20\%$

Work Step by Step

$1985$ is 2 years after 1983, so $t=2.$ At $t=1$, we estimate $f(1)\approx 1.5$ At $t=2$, we estimate $f(2)\approx 1.8$ an increase of $0.3$, which is a $ 20\%$ increase of the value $1.5$ at $t=1.$
Update this answer!

You can help us out by revising, improving and updating this answer.

Update this answer

After you claim an answer you’ll have 24 hours to send in a draft. An editor will review the submission and either publish your submission or provide feedback.