In: Statistics and Probability
The world population in 1999 was approximately P0 = 6.067 billion people, and in 2000, it was approximately P1 = 6.145 billion people.
Logistic Growth Model. Scientists often use a different function to model population growth when there are limited resources, as is the case with our planet. To do this, we will model the world population (in billions of people) in year t by the function L(t) = P0K / P0 + (K − P0)e-rbt , where P0 and t are the same as above, rb is a number called the base growth rate, and K is a number called the carrying capacity of the environment. Scientists estimate that the carrying capacity of the Earth is K = 15. Based on that, and the population data given above, you can calculate that rb is about 0.022.
(a) Write down the function L(t) explicitly.
(b) Graph L(t) on the same axes as your function P(t) from Problem 1.
(c) According to this model, what would the population be in 2019? In 2049? In 2099?
(d) According to this model, how fast (in billions of people per year) is the world population growing in 2019? In 2049?
--------(1)
(a)
P0=6067 billion people
P1=6145 billion people
t=0 corresponding to 1999
t=1 corresponding to 2000
at t=1;P(1)=6145
taking log of both sides
-----(2)
(c) 2019 (t=20)
billions people
2049 (t=50)
billions people
2099 (t=100)
billions people
(d)
Differentiating with respect to t
[Because ]
Population growing in 2019 means t=20
billions people per year
Population growing in 2049 means t=50
billions people per year