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 670: 35

Answer

$P(t)=\displaystyle \frac{4500}{1+1.176(1.0363)^{-t}}$ Population will reach 4 million in $2013.$

Work Step by Step

(We use desmos.com for the calculations/graph below.) Logistic Model form: $\displaystyle \quad P=\frac{N}{1+Ab^{-t}}$ 1. create a table with variable names $t$ and $P$ and enter the data. 2. in the next free cell, enter $P\sim 4500/(1+Ab^{-t})$ (we assume the level-off value is 4.5 million) The calculator returns $\left\{\begin{array}{l} A=1.1760\\ b=1.0363 \end{array}\right.$ (rounded to 4 decimal places.) 3. since we have the graph of the logistic model, enter the equation $y=4000$ into the next empty cell. Reading the intersection point $(62.868,4000)$, we interpret: About 63 years after 1950, the population will be $4$ million.
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