1946 1950 2015 2724 3655 1955 1960 4130 Formulate a differential equation model to describe the growth in petrol consumption and use it to estimate the 1965 and 1970 values. These values are actually 4853 and 6083 respectively. If you think your model is a reasonable one, estimate the 1972 yalue

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Growth and Decay-The Differential Equation
(ii) USA petrol consumption (in 1000 barrels per day) is given below.
Year
Consumption
1946
2015
1950
1955
2724
3655
4130
1960
Formulate a differential equation model to describe the growth
in petrol consumption and use it to estimate the 1965 and 1970
values. These values are actually 4853 and 6083 respectively. If
think your
model is a reasonable one, estimate the 1972
you
value.
[The actual 1972 value is 6668]
Transcribed Image Text:Growth and Decay-The Differential Equation (ii) USA petrol consumption (in 1000 barrels per day) is given below. Year Consumption 1946 2015 1950 1955 2724 3655 4130 1960 Formulate a differential equation model to describe the growth in petrol consumption and use it to estimate the 1965 and 1970 values. These values are actually 4853 and 6083 respectively. If think your model is a reasonable one, estimate the 1972 you value. [The actual 1972 value is 6668]
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