In Russia the average consumer drank two servings of Coca-Cola in 1993. This amount appeared to be increasing exponentially with a doubling time of 2 years. Given a long-range market saturation estimate of 100 servings per year, find a logistic model for the consumption of Coca-Cola in Russia and use your model to predict when, to the nearest year, the average consumption will be 43 servings per year.
A)Sometime in 2005.
B) Sometime in 1993.
C) Sometime in 2003.
D) Sometime in 2004.
E) Sometime in 1994.

Question

In Russia the average consumer drank two servings of Coca-Cola in 1993. This amount appeared to be increasing exponentially with a doubling time of 2 years. Given a long-range market saturation estimate of 100 servings per year, find a logistic model for the consumption of Coca-Cola in Russia and use your model to predict when, to the nearest year, the average consumption will be 43 servings per year. ​
A)Sometime in 2005.
B) Sometime in 1993.
C) Sometime in 2003.
D) Sometime in 2004.
E) Sometime in 1994.

Quizplus · Accepted Answer

The Answer of In Russia the average consumer drank two servings of Coca-Cola in 1993. This amount appeared to be increasing exponentially with a doubling time of 2 years. Given a long-range market saturation estimate of 100 servings per year, find a logistic model for the consumption of Coca-Cola in Russia and use your model to predict when, to the nearest year, the average consumption will be 43 servings per year. ​
A)Sometime in 2005.
B) Sometime in 1993.
C) Sometime in 2003.
D) Sometime in 2004.
E) Sometime in 1994.

In Russia the Average Consumer Drank Two Servings of Coca-Cola