If the population of the world was 6.5 billion in 2006 and is currently 7.1 billion (in the year 2013), what will the population be in the year 2050?

1 Answer
Sep 19, 2016

The answer will depend upon what model of growth you assume will occur.
There is insufficient information to answer this question.

Explanation:

Here are a couple models (neither is likely to be accurate).

In both cases I have used the variable #y# to indicate the number of years after 2006

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Linear Model
The population (in billions) is given by the formula:
#color(white)("XXX")p=6.5+k * y# for some constant growth factor #k#

We have for the year 2013 i.e. #y=7#
#color(white)("XXX")7.1=6.5+k * 7#

#color(white)("XXX")k=0.6/7#

If this model holds, then for the year 2050 i.e. #y=44#
#color(white)("XXX")p=6.5+0.6/7 * 44 ~~ 10.27# (billion)

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Compound Model
The population (in billions) is given by an equation similar to that for the balance of an investment with a compound interest rate, #r#:
#color(white)("XXX")p=6.5(1+r)^y

We have for the year 2013 (#y=7#)
#color(white)("XXX")7.1 = 6.5(1+r)^7#

#color(white)("XXX")r=root(7)(7.1/6.5)-1#

If this model holds then for the year 2050 (#y=44#)
#color(white)("XXX")p=6.5 xx(root(7)(7.1/6.5))^44 ~~11.32 # (billion)

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A more realistic model might look like:enter image source here
...but the given data provides no information where along this curve the years 2006 and 2013 occur.