The following data show estimates of the population of Liberia in selected years between 1960 and 2010:
Year |
1960 |
1970 |
1980 |
1990 |
2000 |
2010 |
Population (millions) |
1.1 |
1.4 |
1.9 |
2.1 |
2.8 |
4 |
Calculate the rate of growth of the population in millions per year for 2010.
(a) Use two-point backward difference formula.
(b) Use three-point backward difference formula.
(c) Using the slope in 2010 from part (b), apply the two-point central difference formula to extrapolate and predict the population in the year 2020.
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