Pharmaceutical firms invest significant money in testing any new medication. After the drug is approved for use, it still takes time for physicians to fully accept and start prescribing the medication. The acceptance by physicians approaches a limiting value of 100%, or 1, after time t, in months. Suppose that the percentage P of physicians prescribing a new cancer medication is approximated by the equation below. Complete parts (a) through (c). P(t)=100(1−e^−0.44t) a) What percentage of doctors are prescribing the medication after 9 months?
Pharmaceutical firms invest significant money in testing any new medication. After the drug is approved for use, it still takes time for physicians to fully accept and start prescribing the medication. The acceptance by physicians approaches a limiting value of 100%, or 1, after time t, in months. Suppose that the percentage P of physicians prescribing a new cancer medication is approximated by the equation below. Complete parts (a) through (c). P(t)=100(1−e^−0.44t) a) What percentage of doctors are prescribing the medication after 9 months?
Algebra and Trigonometry (MindTap Course List)
4th Edition
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter1: Equations And Graphs
Section1.2: Graphs Of Equations In Two Variables; Circles
Problem 111E
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Pharmaceutical firms invest significant money in testing any new medication. After the drug is approved for use, it still takes time for physicians to fully accept and start prescribing the medication. The acceptance by physicians approaches a limiting value of 100%, or 1, after time t, in months. Suppose that the percentage P of physicians prescribing a new cancer medication is approximated by the equation below. Complete parts (a) through (c).
P(t)=100(1−e^−0.44t)
a) What percentage of doctors are prescribing the medication after
9
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