discussion 2b
This year Facebook has 2.29 billion active members. Assume that membership in Facebook has doubled every year.
Apply the Uninhibited Population Growth model to answer the following questions:
- What is the exponential growth rate of Facebook?
- How many members Facebook had 10 years ago? (in millions)
- How many members Facebook will have 10 years from now? (in billions)
- Discuss the basic assumption made when using this model
