Question

In 2011 a country had a population of 155 million and a growth rate of −0.393%. Assuming that this rate remains constant, estimate the population of the country in 2023. Question content area bottom Part 1 In 2023, the country's population will be about enter your response here million. (Round to the nearest hundredth as needed.)

Name: in 2011 a country had a population of 155 million and a growth rate of 0393 assuming that this rate remains constant estimate the population of the country in 2023 question content area bott 05943
Uploaded: 2022-06-14T18:02:12-08:00
Duration: 2 min 39 s
Channel: Nicole Hoffman
Description: in 2011 a country had a population of 155 million and a growth rate of 0393 assuming that this rate remains constant estimate the population of the country in 2023 question content area bott 05943

          In 2011 a country had a population of 155 million and a growth rate of −0.393%. Assuming that this rate remains constant, estimate the population of the country in 2023. Question content area bottom Part 1 In 2023, the country's population will be about enter your response here million. (Round to the nearest hundredth as needed.)

Added by Tammy O.

Elementary Statistics a Step by Step Approach

Allan G. Bluman 9th Edition

Instant Answer

Solved by Expert Nicole Hoffman

06/14/2022

Step 1

The rate is -0.393% per year, so the factor per year is 1 - 0.00393 = 0.99607. Raise this factor to the 12th power (for 2011 to 2023): (0.99607)^12 ≈ 0.954. Show more…

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In 2011 a country had a population of 155 million and a growth rate of −0.393%. Assuming that this rate remains constant, estimate the population of the country in 2023. Question content area bottom Part 1 In 2023, the country's population will be about enter your response here million. (Round to the nearest hundredth as needed.)