To write an exponential model by hand without Excel we need to know two things: the yearly growth or decay rate and the starting value. Look on the given website under the "Growth Rate" (see photo) heading to find the current growth rate of the world's population. Note that this is the growth rate r, and you will need to convert it from a percentage to a decimal before you use it in your model. Since the population in the year 1800 was just under 1 billion, use 1 as your starting population (in billions) in 1800. A by-hand exponential model for the world population would be P(t)= _____ ( _____ + ______ ) _____ where t is years since 1800 and P is the population in billions.
To write an exponential model by hand without Excel we need to know two things: the yearly growth or decay rate and the starting value.
Look on the given website under the "Growth Rate" (see photo) heading to find the current growth rate of the world's population. Note that this is the growth rate r, and you will need to convert it from a percentage to a decimal before you use it in your model.
Since the population in the year 1800 was just under 1 billion, use 1 as your starting population (in billions) in 1800.
A by-hand exponential model for the world population would be
P(t)= _____ ( _____ + ______ ) _____ where t is years since 1800 and P is the population in billions.
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