A study done in 1994, of Maryland's portion of Chesapeake Bay found the following information about stocks of market-sized oysters. The stock population was 218 million, the stock will not exceed 5089 million oysters, and the intrinsic exponential growth rate is 0.274 per year. a.) How many market-sized oysters does your model predict for 2007? (Round youranswer, in millions, to the nearest whole number). DON'T FORGET YOUR LABEL!b.) How many years will it take for the stock to reach 4600 million market-sized oysters?(Round to 2 decimal places) DON'T FORGET THE LABEL!! Find a logistic model N(t) for the number, in millions, of market-sized oysters. Let trepresent the time in years since 1994. (Round all regression parameters to 3 decimalplaces)

The standard logistic function is defined by the equation, N(t)=L1+Be-kt . Here , L is the carrying…

A study done in 1994, of Maryland's portion of Chesapeake Bay found the following information about stocks of market-sized oysters. The stock population was 218 million, the stock will not exceed 5089 million oysters, and the intrinsic exponential growth rate is 0.274 per year.

A study done in 1994, of Maryland's portion of Chesapeake Bay found the following information about stocks of market-sized oysters. The stock population was 218 million, the stock will not exceed 5089 million oysters, and the intrinsic exponential growth rate is 0.274 per year.

College Algebra

1st Edition

ISBN:9781938168383

Author:Jay Abramson

Publisher:Jay Abramson

Chapter6: Exponential And Logarithmic Functions

Section6.8: Fitting Exponential Models To Data

Problem 2TI: Sales of a video game released in the year 2000 took off at first, but then steadily slowed as time...

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Concept explainers

Differential Equations

Have you ever observed the movement of the satellites and rockets or how the planets go around the sun in their orbits? How will you determine their motion? Definitely they follow some scientific laws and these kinds of problems are framed as differential equations.

Question

a.) How many market-sized oysters does your model predict for 2007? (Round your
answer, in millions, to the nearest whole number). DON'T FORGET YOUR LABEL!
b.) How many years will it take for the stock to reach 4600 million market-sized oysters?
(Round to 2 decimal places) DON'T FORGET THE LABEL!!

Find a logistic model N(t) for the number, in millions, of market-sized oysters. Let t
represent the time in years since 1994. (Round all regression parameters to 3 decimal
places)

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