. The percentage of American households who have a (color) television grew steadily since its first widespread availability in the early 1960s. It is well modeled by this function: p(t) = 97/ 1 + 30e^−0.27t where t = years since 1960. (a)  Sketch a well-labeled graph of this function for the years 1960-2020. What type of function is this? (b)  According to the model function, what percentage of American households did not own a color television in 2020? (c) When, if ever, will this percentage reach 100%?

Calculus: Early Transcendentals
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Author:James Stewart
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Chapter1: Functions And Models
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Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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8. The percentage of American households who have a (color) television grew steadily since its first widespread availability in the early 1960s. It is well modeled by this function:

p(t) = 97/ 1 + 30e^−0.27t

where t = years since 1960.
(a)  Sketch a well-labeled graph of this function for the years 1960-2020. What

type of function is this?

(b)  According to the model function, what percentage of American households did not own a color television in 2020?

(c) When, if ever, will this percentage reach 100%?

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