Question: For the following problem, set up and solve the differential equation:The human population (in thousands) of Nevada in 1950 was roughly 160. If the carrying
For the following problem, set up and solve the differential equation:The human population (in thousands) of Nevada in 1950 was roughly 160. If the carrying capacity estimated at 10 million individuals, and assuming a growth rate of \(2\%\) per year, develop a logistic growth model and solve for the population in Nevada at any time (use 1950 as time =0). What population does your model predict for 2000? How close is your prediction to the true value of 1,998,257?
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