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For any fixed b not equal to 1 (e.g. e or 2), the growth rate is given by the non-zero time τ. For any non-zero time τ the growth rate is given by the dimensionless positive number b. Thus the law of exponential growth can be written in different but mathematically equivalent forms, by using a different base.
For example, with an annual growth rate of 4.8% the doubling time is 14.78 years, and a doubling time of 10 years corresponds to a growth rate between 7% and 7.5% (actually about 7.18%). When applied to the constant growth in consumption of a resource, the total amount consumed in one doubling period equals the total amount consumed in all ...
r = the population growth rate, which Ronald Fisher called the Malthusian parameter of population growth in The Genetical Theory of Natural Selection, [2] and Alfred J. Lotka called the intrinsic rate of increase, [3] [4] t = time. The model can also be written in the form of a differential equation: =
We obtain: + = (+). This equation means that the sequence (N t) is geometric with first term N 0 and common ratio 1 + R, which we define to be λ. λ is also called the finite rate of increase. Therefore, by induction , we obtain the expression of the population size at time t : N t = λ t N 0 {\displaystyle N_{t}=\lambda ^{t}N_{0}} where λ t ...
Taking the short and long time limits of the above equation reveals two main modes of operation. The first mode, where the growth is linear, occurs initially when + is small. The second mode gives a quadratic growth and occurs when the oxide thickens as the oxidation time increases.
Half-life (symbol t ½) is the time required for a quantity (of substance) to reduce to half of its initial value.The term is commonly used in nuclear physics to describe how quickly unstable atoms undergo radioactive decay or how long stable atoms survive.
Long-term bonds have a maturity of 10-plus years at the minimum. While the U.S. Treasury offers 10- and 30-year bonds, corporate long-term bonds can have various maturities, including 15, 20 or 25 ...
In physics and thermodynamics, the ergodic hypothesis [1] says that, over long periods of time, the time spent by a system in some region of the phase space of microstates with the same energy is proportional to the volume of this region, i.e., that all accessible microstates are equiprobable over a long period of time.