Question: Consider the Gompertz model in Eq. (12.35) . Graph the expectation function for 1 = 1, 3 = 1, and 2 1 8 = ,

Consider the Gompertz model in Eq. (12.35) . Graph the expectation function for θ1 = 1, θ3 = 1, and θ2 1 8 = , 1, 8, 64 over the range 0 ≤ x ≤ 10.

a. Discuss the behavior of the model as a function of θ2 .

b. Discuss the behavior of the model as x → ∞ .

c. What is E ( y ) when x = 0?

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