The formula to calculate the final beta is:
\[ \beta_f = \beta_i \times 2^t \]
Where:
Beta doubling refers to the process by which a quantity, such as an investment or a population, doubles over a specific period of time. This concept is often used in finance, biology, and other fields to understand exponential growth. The doubling time is the period it takes for the quantity to double in size or value. Understanding beta doubling can help in making predictions and informed decisions based on the growth rate of the quantity in question.
Let's assume the following values:
Using the formula:
\[ \beta_f = 5 \times 2^3 = 5 \times 8 = 40 \]
The Final Beta (\(\beta_f\)) is 40.