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(f) Set D ˛=ˇ and show that ( 5.149 ) can be written in the form
y 0 .t /
y.t/
D ˛ C y.t /:
(5.159)
(g) Use ( 5.153 )and( 5.159 ) to show that
ln.y.t nC1 // ln.y.t n // D ˛.t nC1 t n / C Z t nC1
t n
y.t/ dt :
(5.160)
(h) Use ( 5.160 ) to show that
ln .y.t nC1 /=y.t n //
t nC1 t n
2 .y.t nC1 / C y.t n // :
˛ C
(5.161)
(i) We want to reconsider the problem of computing a model of the future growth of
the world population. We therefore want to use the data in Table 5.4 on page 170
in order to determine the coefficients ˛ and in ( 5.161 ). In ( 5.161 ) we note that
t nC1 t n
D 1:
In addition, we define
c n
D ln .y.t nC1 /=y.t n //
(5.162)
and
1
2 .y.t nC1 / C y.t n // :
d n
D
(5.163)
From the data in Table 5.3 , c n and d n are readily computed. Make a table con-
sisting of columns for the year, n, y.t n /, c n ,andd n , in the same style as in
Tab le 5.3 .
(j) Using the definitions ( 5.162 )and( 5.163 ) together with ( 5.161 ), we have
c n
˛ C d n ;
D 0;1;:::;9;
(5.164)
where c n , d n are given and where ˛ and are to be determined. We want to
compute ˛ and ˇ using the method of least squares. In order to do this, we
define
9 X
C d n c n / 2 :
F.˛;/ D
(5.165)
nD0
Explain why we want to compute the values of ˛ and that minimize F .
 
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