The Following Table Gives the Percent of the U

question 108

Multiple Choice

The following table gives the percent of the U.S. population with Internet connections for the years 1997 to 2003. Use a calculator to find the logistic function that models these data and then use the model to predict when 57.0% of the U.S. population will have internet connections. Use x as the number of years past 1995. Round your answer to the nearest year. ​ ​
Source: U.S. Department of Commerce
​

• A)2000
• B)2004
• C)2006
• D)2009
• E)2010

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Definitions:

Tenant-Days

A measure used in the hospitality or healthcare industry, representing the total number of days that all tenants or patients have occupied the facility.

Planning Budget

A budget based on the level of planned output at the start of the budgetary period, used for planning purposes.

Total Expenses

The sum of all costs and expenses incurred by a business or individual, including operating expenses, cost of goods sold, and taxes.

Fixed Cost

Costs that do not change with the level of production or sales activities within a certain range or period.