The logistic growth model Upper H left parenthesis t
Question
The logistic growth model Upper H left parenthesis t
right parenthesis equals StartFraction 3000 Over 1 plus 2 e Superscript negative 0.71 t EndFraction
H(t)=30001+2e−0.71t represents the number of families that own a home in a certain small (but growing) city t years after 1960
1960.
a right parenthesis
a)
What is the maximum number of families that will own a home in this city?
b right parenthesis
b)
How many families owned a home in 1960
1960?
c right parenthesis
c)
In what year did 1513
1513 families own a home?
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