Question

2. The growth of cable television between 1978 and 1994 can be modeled by the following...

2. The growth of cable television between 1978 and 1994 can be modeled by the following logistic function: S(t) = 65/ 1+23e^(-0.214t) where S(t) is the number of cable TV subscribers (in millions) t years after 1970. a. Determine the number of cable TV subscribers in 1984 according to this model. b. Determine S′(t) using the function above and the derivative rules you know.

c. Use this function to determine the rate at which the number of cable TV subscribers was changing in the year 1984.

d. Now write S′(t) by using the logistic differential equation. e. Show that this equation gives you the same result as you got in part c (Use all decimal places of accuracy you can for the number of subscribers in 1984).

f. Determine to the nearest month when the number of cable TV subscribers was increasing most rapidly. Show all work.

Homework Answers

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
(For this part, you MUST present sufficient solution steps, and MUST apply specific Excel functions =NPV(…),...
(For this part, you MUST present sufficient solution steps, and MUST apply specific Excel functions =NPV(…), =IRR(…), =AVERAGE(…), =YIELD(…) whenever applicable. We are given the information that Microthin’s stock price was $21 in December 2013, $29 in December 2014, $27 in December 2015, $20 in December 2016, and $26 in December 2017. It also pays annual dividend amounts varying from 2013 through 2017. Let's assume you do the following transactions: a) In December 2013: buy 30,000 Microthin shares; b) In...
Please answer the following Case analysis questions 1-How is New Balance performing compared to its primary...
Please answer the following Case analysis questions 1-How is New Balance performing compared to its primary rivals? How will the acquisition of Reebok by Adidas impact the structure of the athletic shoe industry? Is this likely to be favorable or unfavorable for New Balance? 2- What issues does New Balance management need to address? 3-What recommendations would you make to New Balance Management? What does New Balance need to do to continue to be successful? Should management continue to invest...
Delta airlines case study Global strategy. Describe the current global strategy and provide evidence about how...
Delta airlines case study Global strategy. Describe the current global strategy and provide evidence about how the firms resources incompetencies support the given pressures regarding costs and local responsiveness. Describe entry modes have they usually used, and whether they are appropriate for the given strategy. Any key issues in their global strategy? casestudy: Atlanta, June 17, 2014. Sea of Delta employees and their families swarmed between food trucks, amusement park booths, and entertainment venues that were scattered throughout what would...