Logistic Growth The logistic growth model P t = 0.8 1 + 1 .67 e − 0.16 t represents the proportion of new cars with a global positioning system (GPS). Let t = 0 represent 2006, t = 1 represent 2007, and so on. (a) What proportion of new cars in 2006 had a GPS? (b) Determine the maximum proportion of new cars that have a GPS. c) Using a graphing utility, graph P = P ( t ) . (d) When will 75 % of new cars have a GPS?
Logistic Growth The logistic growth model P t = 0.8 1 + 1 .67 e − 0.16 t represents the proportion of new cars with a global positioning system (GPS). Let t = 0 represent 2006, t = 1 represent 2007, and so on. (a) What proportion of new cars in 2006 had a GPS? (b) Determine the maximum proportion of new cars that have a GPS. c) Using a graphing utility, graph P = P ( t ) . (d) When will 75 % of new cars have a GPS?
Logistic Growth The logistic growth model
represents the proportion of new cars with a global positioning system (GPS). Let
represent 2006,
represent 2007, and so on.
(a) What proportion of new cars in 2006 had a GPS?
(b) Determine the maximum proportion of new cars that have a GPS.
c) Using a graphing utility, graph
.
(d) When will
of new cars have a GPS?
Expert Solution
To determine
To find:
a. What proportion of new cars in 2006 had a GPS?
Answer to Problem 56RE
a.
Explanation of Solution
Given:
Calculation:
a.
Expert Solution
To determine
To find:
b. Determine the maximum proportion of new cars that have a GPS.
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