
Concept explainers
Economic dependency ratio The economic dependency ratio is defined as the number of persons in the total population who are not in the workforce per 100 in the workforce. Since 1960, baby boomers in the workforce and a decrease in the birth rate have caused a significant decrease in the economic dependency ratio. With data for selected years from 1960 and projected to 2050, the economic dependency ratio R can be modeled by the function

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Chapter 10 Solutions
EBK MATHEMATICAL APPLICATIONS FOR THE M
- +6x²+135x+1) (0≤x≤10). a) Find the number of units The total profit P(x) (in thousands of dollars) from a sale of x thousand units of a new product is given by P(x) = In (-x²+6x² + 135x+ that should be sold in order to maximize the total profit. b) What is the maximum profit?arrow_forwardNsjsjsjarrow_forwardlog (6x+5)-log 3 = log 2 - log xarrow_forward
- 1 The ratio of Argan to Potassium from a sample found sample found in Canada is .195 Find The estimated age of the sample A In (1+8.33 (+)) t = (1-26 × 109) en (1 In aarrow_forward7. Find the doubling time of an investment earning 2.5% interest compounded a) semiannually b) continuouslyarrow_forward6. Find the time it will take $1000 to grow to $5000 at an interest rate of 3.5% if the interest is compounded a) quarterly b) continuouslyarrow_forward
- A smallish urn contains 16 small plastic bunnies - 9 of which are pink and 7 of which are white. 10 bunnies are drawn from the urn at random with replacement, and X is the number of pink bunnies that are drawn. (a) P(X=6)[Select] (b) P(X>7) ≈ [Select]arrow_forward. Find how many years it takes for $1786 to grow to $2063 if invested at 2.6% annual interest compounded monthly. 12+arrow_forwardK=3, Gauss Seidel Fill in only 4 decimal places here in Canvas. Make sure in exam and homework, 6 decimal places are required. X1 = X2 = X3 =arrow_forward
- A smallish urn contains 25 small plastic bunnies - 7 of which are pink and 18 of which are white. 10 bunnies are drawn from the urn at random with replacement, and X is the number of pink bunnies that are drawn. (a) P(X = 5)=[Select] (b) P(X<6) [Select]arrow_forwardThe fox population in a certain region has an annual growth rate of 8 percent per year. It is estimated that the population in the year 2000 was 22600. (a) Find a function that models the population t years after 2000 (t = 0 for 2000). Your answer is P(t) = (b) Use the function from part (a) to estimate the fox population in the year 2008. Your answer is (the answer should be an integer)arrow_forwardrarrow_forward
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