Chapter 6: Problem 24
Devise an exponential decay function that fits the following data; then answer the accompanying questions. Be sure to identify the reference point \((t=0)\) and unitsof time. China's one-child policy was implemented with a goal of reducing China's population to 700 million by 2050 (from 1.2 billion in 2000). Suppose China's population declines at a rate of \(0.5 \% /\) yr. Will this rate of decline be sufficient to meet the goal?
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Key Concepts
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