The table shows the national expenditures for health​ care, in​ billions, in a country for selected years from 1995 with projections to 2020.   Complete parts​ (a) through​ (c) below.   Year Expenditures​ ($ billions) 1995 1018 2000 1358 2005 1972 2010 2939 2015 3404 2020 4467 a. Find a linear function that models the​ data, with x equal to the number of years after 1990 and y equal to the expenditures for health care in billions of dollars.     ​(Use integers or decimals for any numbers in the equation. Round to three decimal places as​ needed.) b. What does this model predict the expenditure will be in 2019     ​(Round to three decimal places as​ needed.) c. In what year does the model predict that the expenditures for health care will be ​$5517.9 The year 2028

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter4: Linear Functions
Section4.3: Fitting Linear Models To Data
Problem 24SE: Table 6 shows the year and the number ofpeople unemployed in a particular city for several years....
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The table shows the national expenditures for health​ care, in​ billions, in a country for selected years from 1995 with projections to 2020.
 
Complete parts​ (a) through​ (c) below.
 
Year
Expenditures​ ($ billions)
1995
1018
2000
1358
2005
1972
2010
2939
2015
3404
2020
4467
a. Find a linear function that models the​ data, with x equal to the number of years after 1990 and y equal to the expenditures for health care in billions of dollars.
 
 
​(Use integers or decimals for any numbers in the equation. Round to three decimal places as​ needed.)
b. What does this model predict the expenditure will be in
2019
 
 
​(Round to three decimal places as​ needed.)
c. In what year does the model predict that the expenditures for health care will be ​$5517.9 The year 2028

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