With U.S. Bureau of Labor Statistics data since 1950 and projected to 2040, the total civilian labor
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where t is the number of years after 1940.
(a) Use the model to estimate the size of the civilian labor force in 2015.
(b) Use the model to estimate the year when the civilian labor force is predicted to reach 170 million.
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197 L : 1+ 3.65e 0.037t
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Related Book For
Mathematical Applications for the Management Life and Social Sciences
ISBN: 978-1305108042
11th edition
Authors: Ronald J. Harshbarger, James J. Reynolds
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