The table gives the population of the United States, in millions, for the years 1900-2000. YEAR POPULATION 1900 1910 1920 1930 1940 1950 1960 1970 1980 1990 2000 76 92 106 123 131 150 179 203 227 250 275 (a) Use the exponential model and the census figures for 1900 and 1910 to predict the population in 2000. (Round your answer to the nearest million.) P(2000) = 514 million (have htis already) b) Use the exponential model and the census figures for 1970 and 1980 to predict the population in 2000. Compare with the actual population. Then use this model to predict the population in the years 2010 and 2020. (Round your answers to the nearest million.) P(2000): = million P(2010) = P(2020) = million million

The table gives the population of the United States, in millions, for the years 1900-2000. YEAR POPULATION 1900 1910 1920 1930 1940 1950 1960 1970 1980 1990 2000 76 92 106 123 131 150 179 203 227 250 275 (a) Use the exponential model and the census figures for 1900 and 1910 to predict the population in 2000. (Round your answer to the nearest million.) P(2000) = 514 million (have htis already) b) Use the exponential model and the census figures for 1970 and 1980 to predict the population in 2000. Compare with the actual population. Then use this model to predict the population in the years 2010 and 2020. (Round your answers to the nearest million.) P(2000): = million P(2010) = P(2020) = million million

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Only need part B please be clear with all 3 answers to part B. Thanks in advance...

The table gives the population of the United States, in millions, for the years 1900-2000.
POPULATION
YEAR
1900
1910
1920
1930
1940
1950
1960
1970
1980
1990
2000
76
92
=
106
123
131
150
179
203
227
250
275
(a) Use the exponential model and the census figures for 1900 and 1910 to predict the
population in 2000. (Round your answer to the nearest million.)
P(2000) = 514 million (have htis already)
b) Use the exponential model and the census figures for 1970 and 1980 to predict the
population in 2000. Compare with the actual population. Then use this model to predict the
population in the years 2010 and 2020. (Round your answers to the nearest million.)
P(2000) =
million
P(2010):
million
P(2020) =
million

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