The population of the United States has grown at different rates over ten-year increments as shown...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
The population of the United States has grown at different rates over ten-year increments as shown by the following table. Year Population of U.S. 1930 123.1 million 1940 132.1 million 1950 152.3 million 1960 180.7 million If the maximum supportable population of the U.S. is 600 million people, use the logistic model to predict the population (in millions of people) of the U.S. in 2015 by using the following years as data points. (Round your answers to one decimal place.) (a) using 1930 and 1940 as data points million people (b) using 1950 and 1960 as data points million people The population of the United States has grown at different rates over ten-year increments as shown by the following table. Year Population of U.S. 1930 123.1 million 1940 132.1 million 1950 152.3 million 1960 180.7 million If the maximum supportable population of the U.S. is 600 million people, use the logistic model to predict the population (in millions of people) of the U.S. in 2015 by using the following years as data points. (Round your answers to one decimal place.) (a) using 1930 and 1940 as data points million people (b) using 1950 and 1960 as data points million people
Expert Answer:
Related Book For
Posted Date:
Students also viewed these accounting questions
-
Build a suitable model to predict car sales in the UK. You should use time-series data (at least 20 annual observations). You should write a report in a similar manner to Problem 7.12. Problem 7.12...
-
The logistic population growth model is described by an equation of the form P(t) = PL/(1 cekt) , Where PL, c, and k > 0 are constants, and P(t) is the population at time t. PL represents the...
-
If the growth of a population follows the logistic model but is subject to "harvesting" (such as hunting or fishing), the model Becomes (a) Show that when the harvest rate h is constant, a maximum...
-
The _________ is a checklist that is best suited for property and tangible asset tracking. Perils analysis Industry list List of assets The activity list
-
List four components and four guidelines that the J. Crew mission statement fails to exhibit. Write a new and improved mission for J. Crew.
-
Given the following null hypothesis, give an example of a Type I error. H: There is no difference between the number of males or females who go to their primary care physician for an annual exam.
-
Record the following petty cash transactions of Handy Dan in the journal; explanations are not required. Nov 1 Established a petty cash fund with a $100 balance. 30 The petty cash fund had $33 in...
-
IHOP Corporation franchises breakfast-oriented restaurants throughout North America. The average development costs for a new restaurant were reported by IHOP as follows: Land ............. $ 667,000...
-
James just bought a 7% annual coupon bond that will mature in 10 years for $960. Assume the par value is $1,000. What is the yield-to-maturity of this bond? Disney has a semi-annual 7% coupon bond....
-
WAR (We Are Rich) has been in business since 1985. WAR is an accrual method sole proprietorship that deals in the manufacturing and wholesaling of various types of golf equipment. Hack & Hack CPAs...
-
Use the exact values you enter to make later calculations. A group of students, performing the same Uniformly Accelerated Motion experiment that you did in lab, dropped a picket fence through a...
-
APA FORMAT INCLUDE REFRENSES http://fortune.com/2015/03/24/charles-galda-interview-tips/ In this activity, you will have the opportunity to prepare for an interview based on a real job ad posting. To...
-
Affirmative action has its benefits and its challenges, how would a company explain those benefits so that the employees see the upside in affirmative action? What challenges can a company expect to...
-
If the population proportion is 0.90 and a sample of size 64 is taken, which is closest to the probability that the sample proportion is less than 0.88?
-
9. Suppose you have a very accurate, reliable estimate for a security's long-term expected return, this estimate has very little variance, and the expected return is commensurate with the security's...
-
Deluxe coffee is to be mixed with regular coffee to make at least 50 pounds of a blended coffee. The mix- ture must contain at least 10 pounds of deluxe coffee. Deluxe coffee costs $6 per pound and...
-
Launch the file explorer, locate the cmd.exe file, and copy it tothe wwwroot directory?
-
A seasonal index may be less than one, equal to one, or greater than one. Explain what each of these values would mean.
-
Show that, under the hypothesis of Corollary 11.2, if y2 is the solution to y" = p(x)y' + q(x)y and y2(a) = y2(b) = 0, then y2 0.
-
Use the LDLt Factorization Algorithm to find a factorization of the form A = LDLt for the following matrices: a. b. c. d. 012 210 1102 1120 1311 4111 1152 1310 4110 10-3 1141 2410 6211
-
a. The introduction to this chapter included a table listing the population of the United States from 1950 to 2000. Use natural cubic spline interpolation to approximate the population in the years...
-
Fill in the blank X ~ N(1, 2) = _______
-
The trial balance columns of the worksheet for Briscoe Company at June 30, 2008, are as follows. Other data: 1. A physical count reveals \($300\) of supplies on hand. 2. \($100\) of the unearned...
-
Emil Skoda Company had the following adjusted trial balance. Instructions (a) Prepare closing entries at June 30, 2008. (b) Prepare a post-closing trial balance. EMIL SKODA COMPANY Adjusted Trial...
Study smarter with the SolutionInn App