Suppose that in January 2013, there were 5000 radio stations in the US that played Justin Bieber's music, and that In July 2013, there were only 4000 radio stations in the US that played Justin Bieber's music.
Assuming that the rate of decline is proportional to the number of radio stations which play Justin Bieber's music, when would there only be 2000 radio stations which play Justin Bieber's music?
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The classic declining exponential function is of the form a e^(-bx). Here, we let a = 5000 and x = m-1, where m is the month number, so that F(m) = 5000 e^(-b(m-1)). We have F(1) = 5000 and F(7) = 4000, from which we determine b to be (1/6)Log(5/4). From this, we see that F(25) = 2048 and F(26) = 1973.23. January 2015 comes closest to this.