We can use growth models, such as logistic and exponential, in conjunction with calculus in real-life applications. We can predict many school-related topics such as population increase or spread of a cold or virus. To find out more click on either the exponential or logistic image at the top of the page.
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Life, Money, and Math | calcproject.tripod.com Reviews
https://calcproject.tripod.com
We can use growth models, such as logistic and exponential, in conjunction with calculus in real-life applications. We can predict many school-related topics such as population increase or spread of a cold or virus. To find out more click on either the exponential or logistic image at the top of the page.
calcproject.tripod.com
Exponential Growth
http://calcproject.tripod.com/e-defin.htm
What is Exponential growth? Exponential growth assumes a quantity grows at rate propotional to what is already there. The Law of exponential change. Then rate of change y is proportional to y. If y is differentiable, y 0, and. If k 0, then k is a growth constant. If k 0, then k is a decay constant. Can use for radioactive decay, interest on money, population growth. However, the exponential growth model assumes unlimited growth. Only realistic for short period of time.
Logistic Growth
http://calcproject.tripod.com/l-defin.htm
What is Logistic growth? A logistic growth curve is an S-shaped (sigmoidal) curve that can be used to model functions that increase gradually at first, more rapidly in the middle growth period, and slowly at the end, leveling off at a maximum value after some period of time. In 1838, the Belgian Pierre-Francois Verhulst suggested a revised model which would eliminate the undesirable effect of unlimited growth from the exponential model. Which is the same as. Analysis of the logistic growth curve:. It is ...
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Life, Money, and Math
We can use growth models, such as logistic and exponential, in conjunction with calculus in real-life applications. We can predict many school-related topics such as population increase or spread of a cold or virus. To find out more click on either the exponential or logistic image at the top of the page.
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