There is a word problem with two parts.
The problem states: This rising popularity of notebook computers is fueling the sales of the mobile PC processors. In a study concluded in 2003, the sales of these chips (in billions of dollars) was projected to be:
. . .S(t) = 6.8(t + 1.03)^0.49
...for 0 < t < 4, where t is measured in years, and with "t = 0" corresponding to 2003.
The first question: Is the sale always increasing for 0 < t < 4?
My answer: I plugged in 0, 1, 2, 3, and 4 into the function to come up with YES, the sale is always increasing.
The second question: Show that, on the interval (0, 4), S is concave down.
I believe you need to find the derivative of the function to find concavity. I believe the derivative to be:
. . .S'(t) = 3.332(t + 1.03)^-0.51(1)
...according to the Chain Rule.
The problem states: This rising popularity of notebook computers is fueling the sales of the mobile PC processors. In a study concluded in 2003, the sales of these chips (in billions of dollars) was projected to be:
. . .S(t) = 6.8(t + 1.03)^0.49
...for 0 < t < 4, where t is measured in years, and with "t = 0" corresponding to 2003.
The first question: Is the sale always increasing for 0 < t < 4?
My answer: I plugged in 0, 1, 2, 3, and 4 into the function to come up with YES, the sale is always increasing.
The second question: Show that, on the interval (0, 4), S is concave down.
I believe you need to find the derivative of the function to find concavity. I believe the derivative to be:
. . .S'(t) = 3.332(t + 1.03)^-0.51(1)
...according to the Chain Rule.