Question
The number of visitors P to a website in a given week over a1-year period is given by P(t)=118+(t83) e^ 0.02t, where t is the
The number of visitors P to a website in a given week over a1-year period is given by P(t)=118+(t83)e^0.02t, where t is the week and 1t52.
a) Over what interval of time during the1-year period is the number of visitorsdecreasing?
b) Over what interval of time during the1-year period is the number of visitorsincreasing?
c) Find the criticalpoint, and interpret its meaning.
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An Introduction to the Mathematics of financial Derivatives
Authors: Salih N. Neftci
2nd Edition
978-0125153928, 9780080478647, 125153929, 978-0123846822
