Beruflich Dokumente
Kultur Dokumente
ESTIMATION AND
PROJECTIONS
LAB EXERCISE
ASSIGNMENT ONE
1. Population estimates of Physics and Chemistry at 7th November 2016 using geometric
and exponential growth laws.
Geometric growth law - Pt = Po (1 + r )
and for the exponential growth rate,
Pt = PO ern
The rate of population growth is calculated before the population can be estimated.
P
logP t
n
P
InP t
9+30+31+31+30+31+30+31+31+28+10
365
log
Log (1+r) =
28412571
21560217
9.8
0.1198574064
9.8
11 +
9+31+31+18
365
log
Log (1+r) =
11.243836
0.07165407865
11.243836
(1+r) = 1.014781972
= 0.014781972
r = 1.4781972%
Hence the population is growing at a rate of 1.4% per annum.
Exponential growth rate
For Physics
28412571
21560217
In
r=
9.8
0.2759818772
9.8
r = 0.0281614604
r = 2.816141604%
Hence the population is growing at a constant rate of 2.8%
For Chemistry
32326819
r=
In27409991
11.243836
0.1649896133
11.243836
r = 0.01467378334
r = 1.467378334%
Hence the population is growing at a constant rate of 1.4%
Population projection for country Physics at 7th November 2016, using 10th March 2011 as
the base year.
But, n= 5 +
21+30+31+30+31+31+30+31+7
365
=5+
242
365
= 5.6630136986 years
Projected population using geometric growth for country Physics at 7th November 2016
Pt = 28412571 (1 + 0.028561697)5.6630136986
= 28412571(1.172899024)
= 33325076.81
Hence, the estimated population of country Physics at 7th November 2016 is 33325077 using
the geometric growth rate of 2.8%.
Projected population using exponential growth for country Physics at 7th November 2016
Pt = 28412571 e(0.028161416045.6630136986)
28412571(1.172899027)
= 33325076.87
Hence, the estimated population of country Physics at 7th November 2016 is 33325077 using
the exponential growth rate of 2.8%.
Population projection for country Chemistry at 7th November 2016, using 18th September
2011 as the base year.
But, n= 3 +
12+31+7
365
= 3+
50
365
= 3.136986301 years
Projected population using geometric growth for country Chemistry at 7th November 2016
Pt = 32326819 (1 + 0.01478197183)3.1369386301
32326819(1.047106617) = 33849654.28
Hence, the estimated population of country Physics at 7th November 2016 is 33849654 using
the exponential growth rate of 1.4%.
Projected population using exponential growth for country Chemistry at 7th November 2016
Pt = 32326819 e(0.014781971833.0169386301)
32326819(1.047107351) = 33849649.82
Hence, the estimated population of country Physics at 7th November 2016 is 33849650 using
the exponential growth rate of 1.4%.
2. The biggest limitation of the exponential and geometric growth laws is that it cannot
be used for a rapidly growing population and it does not show the component in
which the population is changing.