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Choose the One Alternative That Best Completes the Statement or Answers

Question 436

Multiple Choice

Choose the one alternative that best completes the statement or answers the question.
-The logistic growth model P(t) =11+6.69e0.753t\mathrm { P } ( \mathrm { t } ) = \frac { 1 } { 1 + 6.69 \mathrm { e } ^ { - 0.753 \mathrm { t } } } represents the proportion of the total market of a new product as it penetrates the market t years after introduction. When will the product have 65%65 \% of the market?


A) 2.952.95 years
B) 3.353.35 years
C) 4.354.35 years
D) 1.951.95 years

Correct Answer:

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