Question

growth rate of the mathematical model y=a+bt is

Answer 1

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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