Answer:
Kindly check explanation
Step-by-step explanation:
Given the formula :
Pn = 25.8(1.0219)^h to predict the population of Ghana ;
The equation given is in the form of an exponential function:
The general form of an exponential distribution :
y = ab^x
a = Initial value ; b = constant multiplier or growth or Decay factor
Comparing :
The number in parenthesis = 1.0219 = b
b = Decay or growth factor :
Since b > 1 ; then We have a growth factor;
b = 1 + rate
1.0219 = 1 + rate
Rate = 1.0219 - 1
Rate = 0.0219
Hence, the population is growing at a rate of about (0.0219)*100% = 2.19%
