John Peters and Ryan Donohue
L1 L2
12 1
24 5.5
36 12
40 20
46 50
56 100
61 150
62 175
64 200
67 250
69 300
72 350
exponential regression equation: y=(.45)(1.o99^x)
x= the number of months
y= the millions of users
1. The amount of users on Facebook during this month would be 556 Million People.
1.252(1.1051^61) --> 1.252(444.115)= 556 (Million)
X=61, as it has been 61 months since December 2004.
2. Six months from now, will be November 2010, and 67 (61+6) months since Facebook's start.
1.252(1.1051^67) --> 1.252(808.9203) = 1,012,000000 People (around 1 Billion People will have Facebook pages.)
3. The UN states that the World's population is now around 6,692,030,277.
--- To find out when all of them have facebooks, plug that number into the equation.
(In millions) 6692.030277=1.252(1.1051^X)
5345.072106=1.1051^X
Log(5345.072106)=X Log(1.1051)
85.89=X
86-61=25
25 Months from now is May 2012.
The world will be Facebook's then.
Wednesday, April 14, 2010
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