Question

In: Statistics and Probability

Consider the following information, which are estimates as of mid-2019. Consider the following information, which are...

Consider the following information, which are estimates as of mid-2019.

Consider the following information, which are estimates as of mid-2019.

Country Population Size Birth Rate Death Rate
United States 329.2 million 12 9
China 1388.0 million 11 7
Finland 5.5 million 9 10

For each country listed above, calculate r and how many people there will be in mid-2020 if population growth is exponential. Use the differential equation (dN/dt) for exponential population growth that was presented in Lecture.

Solutions

Expert Solution

r is the Net Productive rate which is given by Birth date - Death rate

Country Birth Rate Death Rate Net Productive rate (r)
United States 12 9 3
China 11 7 4
FInland 9 10 -2

dN/dt = r * N

Here N is the Population size, r is the Net productive rate calculated in the above table

For United States

dN/dt = 3 * 329.3 million

= 987.9 million

since the time difference is only 1 year, dt will be 1

so N2020 - N2019 = 987.9

so N2020 = 987.9 + 329.3

= 1317.2 million

For China

dN/dt = 4 * 1388 million

= 5552 million

since the time difference is only 1 year, dt will be 1

so N2020 - N2019 = 5552

so N2020 = 5552 + 1317.2

= 6869.2 million

For Finland

dN/dt = (-1) * 5.5 million

= - 5.5 million

since the time difference is only 1 year, dt will be 1

so N2020 - N2019 = -5.5

so N2020 = -5.5+ 5.5

= 0

I am not sure whether the birth rate is per 1000 or per 100000 but the units are not given here so i have taken the birth rate and death rate as given in the table


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