Math Problem Statement
During the period from 1790 to 1930, a country's population P(t) (t in years) grew from 4.1 million to 121.2 million. Throughout this period, P(t) remained close to the solution of the initial value problem (dP/dt) = 0.03127P - 0.0001485P^2. P(0) = 4.1.
What 1930 population does this logistic equation predict?
DO NOT ROUND
Solution
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Math Problem Analysis
Mathematical Concepts
Differential Equations
Logistic Growth Model
Population Dynamics
Formulas
Logistic Growth Equation: dP/dt = rP(1 - P/K)
General Solution: P(t) = K / [1 + ((K - P_0) / P_0) * e^(-rt)]
Theorems
Logistic Growth Model
Carrying Capacity (K) and Growth Rate (r)
Suitable Grade Level
University Level
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