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1. The US Dept of Commerce estimates that the number of internet users worldwide

ID: 3138296 • Letter: 1

Question

1. The US Dept of Commerce estimates that the number of internet users worldwide was 2.2 billion in 2011 and 2.9 billion in 2014.

(a) Find an exponential model f for this data in which t is measured in years, with t=0 corresponding to 2011, and f(t) is measured in billions. Round b to three decimal places.

(b) Use the results of part (a) to determine f(4). Interpret your answer.

f(4)= What does this value mean?

(c) It is estimated that in 2015 there were 3.2 billion users. How does the model compare with these findings?

Explanation / Answer

standard exponential equation is given by

y = Ao e^kt

from two points (0, 2.2) and ( 3 , 2.9)

Ao = 2.2

2.9 = 2.2 e^(3k)

2.9/2.2 = e^3k

k = 0.0921

a) exponential model is

f(t) = 2.2 e^.092 t

b) f(4) = 2.2 e^.092 (4)

= 3.179 billion

number of internet users in 2015 = 3.179 billion

c) actual users were 3.2 billion and according to the model it was 3.179 billion

so, we can say that the model is quiet accurate