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If a population growing exponentially double in size in 3 years, what is the intrinsic rate of increase (r) of the population?
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23/12/2021 6:38 pm
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If a population growing exponentially double in size in 3 years, what is the intrinsic rate of increase (r) of the population?
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23/12/2021 6:48 pm
The intrinsic rate of increase(r), can be calculated by the following exponential growth equation:
Nt = N0ert ......(i)
Where, Nt = 2x
N0 = x
t = 3
∴ From equation (i)
In Nt = In N0 + lnert (taking natural log)
= ln N0 + rt lne
= lnN0 + rt (lne = 1)
or r = \(\frac{lnN_t -lnN_0}{t}\)
or r = \(\frac{lnN_t /N_0}{t}\)
or rt = 2.303 log \(\frac{2x}{x}\)
(∵ ln \(\frac{2x}{x}\) = 2.303 log10 \(\frac{2x}{x}\))
or r = \(\frac{2.303 \times .301}{3}\) = \(\frac{0.6931}{3}\) = 0.231
or 23.1%
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