Q6 Suppose that at time t=0, half of a "logistic" population of 100000 persons have heard a certain rumor and that the number of those who have heard it is then increasing at the rate of 500 persons per day. How long will it take for this rumor to spread to 80% of the population? ( Suggestion: Find the value of k by substituting P(0) and P'(0) in the logistic equation) a. About 98 days b. About 34 days c. About 19 days d. About 69 days e. About 119 days
Q6 Suppose that at time t=0, half of a "logistic" population of 100000 persons have heard a certain rumor and that the number of those who have heard it is then increasing at the rate of 500 persons per day. How long will it take for this rumor to spread to 80% of the population? ( Suggestion: Find the value of k by substituting P(0) and P'(0) in the logistic equation) a. About 98 days b. About 34 days c. About 19 days d. About 69 days e. About 119 days
Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter5: Business And Economic Forecasting
Section: Chapter Questions
Problem 1.4CE
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Q6 Suppose that at time t=0, half of a "logistic" population of 100000 persons have heard a certain rumor and that the number of those who have heard it is then increasing at the rate of 500 persons per day. How long will it take for this rumor to spread to 80% of the population? ( Suggestion: Find the value of k by substituting P(0) and P'(0) in the logistic equation)
a. |
About 98 days |
|
b. |
About 34 days |
|
c. |
About 19 days |
|
d. |
About 69 days |
|
e. |
About 119 days |
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