Question: Go to the websitehttps://www.worldometers.info/world-population/and use the data in the Summary Table (you must scroll down the pagepast World Milestones )to fill in the missing values
- Go to the websitehttps://www.worldometers.info/world-population/and use the data in theSummary Table(you must scroll down the pagepastWorld Milestones)to fill in the missing values in the chart below. (8 points)
Year
Years Since 1800
Population (in Billions)
1804
4
1Billion
1850
50
1.2Billion
1930
130
2Billion
1960
160
3Billion
1974
174
4Billion
1987
187
5Billion
1999
199
6Billion
2011
211
7Billion
- To write exponential model by hand without Excel we need to know two things:the yearly growth or decay rate and the starting value.
Look on the given website under the "Growth Rate"heading to find the current growth rate of the world's population. Notethat this is the growth rate r,and you will need to convert it from a percentage to a decimal before you use it in your model.Sincethe population in the year 1800 was just under 1 billion, use 1as your starting population (in billions)in 1800.
Write the exponential modelP, wheretis years since 1800andPis the population in billions,using the growth rate and startingpopulation. (8 points)
Answer:
- Returnto your scatterplot in Excel.Insert anexponential trendlineand record itbelow, roundthe growthfactorto four decimal places and the initial value to two decimal places. (8 points)
I need help understanding the formula and how to put it in excel
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