Description
Suppose we let P(t) be the percentage of voluntary nonprofit hospitals in the United States with Intensive Care Units at time t = 0$. Assume the units for t are in years and t = 0 corresponds to year 1958.
Give an argument for why the logistic differential equation,
P'(t) = r P(t) 100/(100 - P(t))
is a good candidate for modeling this data. Be sure to address the meanings of the rate of change in P(t), the value of 100, the parameter r, and the algebraic nature of the right hand side of the differential equation.
Comments
Comments
There are no comments on this resource.