The number of online buyers in Western Europe is expected to grow steadily in the coming years. The function below for 1 t 9, gives the estimated buyers as a percent of the total population, where t is measured in years, with t = 1 corresponding to 2001. P(t) = 28.7 + 14.92 ln(t) (a) What was the percent of online buyers in 2001 (t = 1)?How fast was it changing in 2001? (b) What is the percent of online buyers expected to be in 2006 (t = 6)? How fast is it expected to be changing in 2006?
The number of online buyers in Western Europe is expected to grow steadily in the coming years. The function below for 1 t 9, gives the estimated buyers as a percent of the total population, where t is measured in years, with t = 1 corresponding to 2001. P(t) = 28.7 + 14.92 ln(t) (a) What was the percent of online buyers in 2001 (t = 1)?How fast was it changing in 2001? (b) What is the percent of online buyers expected to be in 2006 (t = 6)? How fast is it expected to be changing in 2006?
Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
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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The number of online buyers in Western Europe is expected to grow steadily in the coming years. The function below for 1 t 9, gives the estimated buyers as a percent of the total population, where t is measured in years, with t = 1 corresponding to 2001.
P(t) = 28.7 + 14.92 ln(t)
(a) What was the percent of online buyers in 2001 (t = 1)?
How fast was it changing in 2001?
(b) What is the percent of online buyers expected to be in 2006 (t = 6)?
How fast is it expected to be changing in 2006?
How fast was it changing in 2001?
(b) What is the percent of online buyers expected to be in 2006 (t = 6)?
How fast is it expected to be changing in 2006?
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