Growth rate of the mathematical model y= a+bt is
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Given : mathematical model y=a+bt is
To Find : Growth Rate
Solution:
y=a+bt
at t = 0
=> y = a + 0
=> y = a
Hence initial value is a
at t = 1
y = a + b (1)
=> y = a + b
Growth in 1 sec
= a + b - a = b
Hence Growth rate = b
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