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- USCALCI 3.4.167. Smo Nocas I Ask Your Tear chyby decade in the 19 century. Consider the table, which reflects the populatio

CALCULUS
-- points OSCALC1 3.4.167. Consider the table, which reflects the population (in millions) of a city by decade in the 19th ce
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Answer #1

Solution:

a) Using the given data, we can find the required best fit line using the Excel data analysis tool. Following is the required snapshot of the regression results:

Years since Population 1800 (millions) SUMMARY OUTPUT 0.8796 1.039 1.264 1.516 1.66 Regression Statistics Multiple F 0.969174

From the above image, we can see that intercept term is = 0.427482, and the slope coefficient is 0.039834. So, the best fit linear function becomes:

P(t) = 0.4275 + 0.0398*t

b) Using the above equation, we can find the derivative of equation, P'(t) as:

P'(t) = dP(t)/dt

P'(t) = 0.0398

The physical meaning of this derivative becomes that: As t increases, the population increases (due to positive sign of P'(t)) by 0.0398 millions (for 10 years increase in t).

c) For second derivative: note that the above equation P'(t) is independent of t. So, the double derivative will be 0.

This means that rate at which the population changes/increases/grows is constant.

(Drill downs options presented would be better for accuracy of answers)

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