- #1
zeion
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Exponential function with 3 parameters??
A researcher suggests that the population, P, at time t can be modeled by
P(t) = K / (1 + Le^(-Mt)), where K, L and M are parameters.
Use technology to estimate and interpret K, L,and M. Construct the researcher's model using your estimates.
There is a value table given, but I'm not sure how to use it to find the parameters.
The first part asked to derive my own model, which I have done, it turned out to be
P(t) = 561(1.02)^x
Homework Statement
A researcher suggests that the population, P, at time t can be modeled by
P(t) = K / (1 + Le^(-Mt)), where K, L and M are parameters.
Use technology to estimate and interpret K, L,and M. Construct the researcher's model using your estimates.
Homework Equations
The Attempt at a Solution
There is a value table given, but I'm not sure how to use it to find the parameters.
The first part asked to derive my own model, which I have done, it turned out to be
P(t) = 561(1.02)^x