In a study conducted in 2004, it was found that the share of online advertisement worldwide, as a percentage of the total ad market, was expected to grow at the rate of R(t) = -0.021t2 + 0.3004t + 0.1 Osts6 percent per year at time t (in years), with t = 0 corresponding to the beginning of 2000. The online ad market at the beginning of 2000 was 1.2% of the total ad market. (a) What is the projected online ad market share at any time t? S(t) = (b) What is the projected online ad market share (as a percentage) at the beginning of 2004? (Round your answer to two decimal places.)

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
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In a study conducted in 2004, it was found that the share of online advertisement worldwide, as a percentage of the total ad market, was expected to grow at the rate of
R(t) = -0.021t2 + 0.3004t + 0.1
0 <t< 6
percent per year at time t (in years), with t
O corresponding to the beginning of 2000. The online ad market at the beginning of 2000 was 1.2% of the total ad market.
(a) What is the projected online ad market share at any time t?
S(t) =
(b) What is the projected online ad market share (as a percentage) at the beginning of 2004? (Round your answer to two decimal places.)
%
Transcribed Image Text:In a study conducted in 2004, it was found that the share of online advertisement worldwide, as a percentage of the total ad market, was expected to grow at the rate of R(t) = -0.021t2 + 0.3004t + 0.1 0 <t< 6 percent per year at time t (in years), with t O corresponding to the beginning of 2000. The online ad market at the beginning of 2000 was 1.2% of the total ad market. (a) What is the projected online ad market share at any time t? S(t) = (b) What is the projected online ad market share (as a percentage) at the beginning of 2004? (Round your answer to two decimal places.) %
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