Math Problem Statement

During the period from 1790 to 1930​, a​ country's population​ P(t) (t in​ years) grew from 3.9 million to 121.1 million. Throughout this​ period, P(t) remained close to the solution of the initial value problem (dP/dt) = 0.03142P - 0.0001489P^2. P(0) = 3.9.

What 1930 population does this logistic equation​ predict?

calculate without approximating anything, also the final answer should not be rounded, leave as long as it is

Solution

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Math Problem Analysis

Mathematical Concepts

Differential Equations
Logistic Growth
Population Dynamics

Formulas

Logistic differential equation: dP/dt = rP(1 - P/K)
General solution to logistic growth: P(t) = K / (1 + [(K/P0) - 1]e^(-rt))
Carrying capacity: K = r / b

Theorems

Logistic Growth Theorem

Suitable Grade Level

College Level (Differential Equations)