Question

In: Statistics and Probability

Year 1950 1960 1970 1980 1990 Rate of change (million people per year) 33 46 71...

Year 1950 1960 1970 1980 1990
Rate of change (million people per year) 33 46 71 82 99

The table shows growth rates for a population over time. Use this data to sketch a smooth curve relating the two variables.

Draw rectangles on this graph to help you underestimate the total change in the world's population between 1950 and 1990. What underestimate did you obtain

million people?

Draw rectangles on this graph to help you overestimate the total change in the world's population between 1950 and 1990. What overestimate did you obtain?

million people?

If the population in 1950 were 2844 million and if the population in 1990 were 5393 million, what would be the true total change in population?

million people ?

Solutions

Expert Solution

orchestra answered 2 years ago
Next > < Previous

Related Solutions

71. Last year Dania Corporation's sales were $525 million. If sales grow at 9.8% per year,...
71. Last year Dania Corporation's sales were $525 million. If sales grow at 9.8% per year, how large (in millions) will they be 8 years later?             a.         $1,142.39             b.         $1,109.12             c.         $1,364.22             d.         $1,131.30             e.         $842.93 72. How much would $1, growing at 13.7% per year, be worth after 75 years?             a.         $18,248.03             b.         $15,206.70             c.         $15,358.76             d.         $13,533.96             e.        ...
On 1 July 2022 Kiama Ltd issues $5 million in five-year bonds that pay interest every six months at a coupon rate of 8 per cent.
  On 1 July 2022 Kiama Ltd issues $5 million in five-year bonds that pay interest every six months at a coupon rate of 8 per cent. At the time of issuing the securities, the market requires a rate of return of 10 per cent. The interest expense is calculated using the effective-interest method. Determine the issue price. (2.5 marks) Issue Price= Coupon Payment Provide the journal entries at: 1 July 2022 (2.5 marks) Type answer here 30 June 2023...
ADVERTISEMENT
Subjects
ADVERTISEMENT
Latest Questions
ADVERTISEMENT