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What is the annual rate of growth of the population

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Reference no: EM13877039

The following data in Table 9.2 show the US population from 2001 to 2012

(a) Use Method One and find an exponential function Pt = cat for the US population.

(b) What is the annual rate of growth of the population?

(c) Use the model and estimate the US population for 2011 and 2012.

(d) Given the actual figure for year 2011 and 2012 in the table, what is the average percentage error of the model?

Table 9.2 US population from 2000 to 2012

Year

Population (1000)

2000

282162

2001

284969

2002

287625

2003

290108

2004

292805

2005

295517

2006

298380

2007

301231

2008

304094

2009

306772

2010

309350

2011

311592

2012

313914

Source Department of commerce (bureau of the census)

Reference no: EM13877039

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