In 2005, the population of Mexico was growing at 1% a year. Assuming that this growth rate continues into the future and that t is in years since 2005, the Mexican population, P, in millions, will be given by P = 113(1.01). a) Predict the average population of Mexico between 2005 and 2055. Round the answer to three decimal places. The average population between 2005 and 2055 = million b) Find the average of the population in 2005 and the predicted population in 2055. Round the answer to three decimal places. The average of the population in 2005 and in 2055 = c) Explain, in terms of concavity of the graph of P why your answer to part (b) is larger or smaller than answer to part (a). The answer to part (b) is larger than the answer to part (a) Exploration:

College Algebra
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ISBN:9781938168383
Author:Jay Abramson
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Chapter6: Exponential And Logarithmic Functions
Section6.7: Exponential And Logarithmic Models
Problem 16TI: Recent data suggests that, as of 2013, the rate of growth predicted by Moore’s Law no longer holds....
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In 2005, the population of Mexico was growing at 1% a year. Assuming that this growth rate continues into the future and that t is in
years since 2005, the Mexican population, P, in millions, will be given by P = 113(1.01).
a) Predict the average population of Mexico between 2005 and 2055.
Round the answer to three decimal places.
The average population between 2005 and 2055 =
million
b) Find the average of the population in 2005 and the predicted population in 2055.
Round the answer to three decimal places.
The average of the population in 2005 and in 2055 =
c) Explain, in terms of concavity of the graph of P why your answer to part (b) is larger or smaller than answer to part (a).
The answer to part (b) is
larger
than the answer to part (a)
Exploration:
Transcribed Image Text:In 2005, the population of Mexico was growing at 1% a year. Assuming that this growth rate continues into the future and that t is in years since 2005, the Mexican population, P, in millions, will be given by P = 113(1.01). a) Predict the average population of Mexico between 2005 and 2055. Round the answer to three decimal places. The average population between 2005 and 2055 = million b) Find the average of the population in 2005 and the predicted population in 2055. Round the answer to three decimal places. The average of the population in 2005 and in 2055 = c) Explain, in terms of concavity of the graph of P why your answer to part (b) is larger or smaller than answer to part (a). The answer to part (b) is larger than the answer to part (a) Exploration:
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