Chapter 3: Problem 1
The population, \(P\), of Town \(Y\) since 1995 can be estimated by the equation \(P=1.0635 x+3,250\), where \(x\) is the number of years since 1995 and \(0 \leq x \leq 20\). In the context of this equation, what does the number \(1.0635\) most likely represent? A) The estimated population of town \(Y\) in 1995 B) The estimated population of town \(Y\) in 2015 C) The factor by which the population of town \(Y\) increased yearly D) The factor by which the population of town \(Y\) decreased yearly
Short Answer
Step by step solution
Key Concepts
These are the key concepts you need to understand to accurately answer the question.