Based on the exponential function,
, the correct statement include the following: B. The number of employees is decreasing by 10% every year.
How to determine the population of bacteria after 4 days?
In Mathematics and Statistics, a population that decreases at a specific period of time represent an exponential decay.
This ultimately implies that, a mathematical model for any population that decreases by r percent per unit of time is an exponential function of this form:
![P(t) = I(1 - r)^t](https://img.qammunity.org/2020/formulas/mathematics/middle-school/835kaaqm59prd1tmhwh8khomcjonkwdjn1.png)
Where:
- P(t ) represents the final population.
- t represents the time or number of years or days.
- I represents the initial population.
- r represents the decay rate.
By comparing the exponential function that models the number of employees with the standard form, the decay rate can be calculated as follows;
1 - r = 0.90
Decay rate, r = 1 - 0.90
Decay rate, r = 0.10
In order to conver the value into percentage, we would multiply by 100;
Decay rate, r = 0.10 × 100
Decay rate, r = 10%.