Guys I need some help with this problem, I tried a thousand times but I couldn't find a realistic answer.
Solve numerically:
x'=-λ.x.y
Where: n=x+y=500; x0= 499 (initial condition); with x=people who ‘do not know’ and y=people who ‘know’; n=total number of people;
Find λ.
λ is the ‘rate of propagation of the rumor’; λ is a constant; The time scale is not important.
Thanks!!
It will take an infinite time for $x(t)$ to go down to zero, so you can introduce a time scale by assuming a "half-life" $\tau$ satisfying $x(\tau)=250$
Then the problem can be solved analytically ...
$$-\lambda \int _0^\tau dt = \int_{499}^{250}\frac{dx}{x(500-x)} $$ You end up with $$ \lambda \tau = \frac{ln(499)}{500} $$