The exponential function N = 3500 × 1.75d, where d is measured in decades, gives the number of individuals in a certain population. (Round decimal answers to two decimal places unless otherwise indicated and report percents to the nearest percent.) (a) Calculate N(1.9). N(1.9) = Explain what your answer means. The population is about people after years. (b) What is the percentage growth rate per decade?
Continuous Probability Distributions
Probability distributions are of two types, which are continuous probability distributions and discrete probability distributions. A continuous probability distribution contains an infinite number of values. For example, if time is infinite: you could count from 0 to a trillion seconds, billion seconds, so on indefinitely. A discrete probability distribution consists of only a countable set of possible values.
Normal Distribution
Suppose we had to design a bathroom weighing scale, how would we decide what should be the range of the weighing machine? Would we take the highest recorded human weight in history and use that as the upper limit for our weighing scale? This may not be a great idea as the sensitivity of the scale would get reduced if the range is too large. At the same time, if we keep the upper limit too low, it may not be usable for a large percentage of the population!
The exponential function
where d is measured in decades, gives the number of individuals in a certain population. (Round decimal answers to two decimal places unless otherwise indicated and report percents to the nearest percent.)
Explain what your answer means.
(b) What is the percentage growth rate per decade?
75%
(c) What is the yearly growth factor rounded to three decimal places?
What is the yearly percentage growth rate?
%
(d) What is the growth factor for a century?
What is the percentage growth rate per century?
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