Interpreting Parameters in Linear/Exponential Models
Algebra · Flashcards · Application
ALGEBRA · FLASHCARDS
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QUESTION
Identify the growth factor if a quantity increases by
7
%
7\%
7%
each time period.
QUESTION
What is the initial population in
P
(
t
)
=
1200
(
1.03
)
t
P(t)=1200(1.03)^t
P
(
t
)
=
1200
(
1.03
)
t
where
t
t
t
is years?
QUESTION
What is the initial value in
V
(
t
)
=
500
(
0.8
)
t
V(t)=500(0.8)^t
V
(
t
)
=
500
(
0.8
)
t
where
t
t
t
is years?
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ANSWER
500
500
500
at
t
=
0
t=0
t
=
0
. Parameter
a
a
a
gives the starting value at time zero.
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