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Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter7: Exponents And Exponential Functions

Section: Chapter Questions

Problem 68SGR

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Solve the following interpolation problems correctly. Provide the step-by-step solution

2. The following is the historical data of inflation rates in the Philippines from 2011 to 2019. Determine the rate in the years 2013, 2016, and 2018 using Lagrange
Interpolation. Verify your result by looking on the reputable websites with inflation rate data.
Philippines Inflation Rate - Historical Data
Year
Inflation Rate (%)
2019
2.48%
2017
2.85%
2015
0.67%
2014
3.60%
2011
4.72%

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