In March 1976 the world population reached 4 billion. At that time, a popular news magazine predicted that with an average yearly growth rate of 1.8%, the world population would be 8 billion in 45 years. How does this value compare with the value predicted by the model that assumes that the rate of increase in population is proportional to the population present at time t?
In March 1976 the world population reached 4 billion. At that time, a popular news magazine predicted that with an average yearly growth rate of 1.8%, the world population would be 8 billion in 45 years. How does this value compare with the value predicted by the model that assumes that the rate of increase in population is proportional to the population present at time t?
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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