Chapter 1: Problem 23
For the next set of exercises, use the following table, which features the world population by decade. $$ \begin{array}{|l|l|} \hline \text { Years since 1950 } & \text { Population (millions) } \\ \hline 0 & 2,556 \\ \hline 10 & 3,039 \\ \hline 20 & 3,706 \\ \hline 30 & 4,453 \\ \hline 40 & 5,279 \\ \hline 50 & 6,083 \\ \hline 60 & 6,849 \\ \hline \end{array} $$ The best-fit exponential curve to the data of the form \(P(t)=a e^{b t}\) is given by \(P(t)=2686 e^{0.01604 t} .\) Use a graphing calculator to graph the data and the exponential curve together.
Short Answer
Step by step solution
Key Concepts
These are the key concepts you need to understand to accurately answer the question.