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(Solution Library) The logistic model P(t)=(95.4993)/(1+0.0405e^0.1968t) represents the percentage of households that do not own a personal computer t years since

Question: The logistic model

\(P\left( t \right)=\frac{95.4993}{1+0.0405{{e}^{0.1968t}}}\)

represents the percentage of households that do not own a personal computer t years since 1984 (based on data obtained from the U.S. Department of Commerce). What percentage of households did not own a personal computer in 1995? In what year will the percentage of household that do not own a personal computer reach 20%?

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