The number, NN, of people who have heard a rumor spread by mass media by time tt is modeled by N(t)=a(1−e^(−bt)). There are 100,000 people in the population who hear the rumor eventually. If 30% of them heard it the first day, find bb, assuming tt is measured in days. Give your answer to three decimal places.
The given function is
N(t) = a(1-e-bt)
Given that 100000 people hear the rumor eventually. This means as time t tends to infinity, N=100000, t=infinity
100000=a(1−e-b∞)
100000 = a(1-(1/e^b∞)) infinity * n = infinity and any number power of infinity is also infinity, 1/infinity is 0.
100000 = a(1-0)
a = 100000
Now 30% 0f people heard the rumor on the first day, so t =1
30% of 100000 = 100000(1-e-b(1))
0.30 * 100000 = 100000(1-e-b)
0.30 = (1-e-b)
e-b = 1-0.30
e-b = 0.70
ln(e-b) = ln(0.70)
-b = -0.356
b = 0.356.
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