The end-of-year assets of the Medicare Hospital Insurance Trust Fund (in billions of dollars) for the years 2006 through 2014 are shown. (a) Use the regression capabilities of a graphing utility to find a model of the form M = at3 + bt2 + ct + d for the data. Let t = 6 represent 2006. (b) Use a graphing utility to plot the data and graph the model. (c) Find the maximum value of the model and compare the result with the actual data. 2006: 305.42007: 326.02008: 321.32009: 304.22010: 271.92011: 244.22012: 220.42013: 205.42014: 197.3

The model can be obtained using the help of a Ti-83 calculator. Proceed as follows: Step 1: Press…

Answered: 2006: 305.4 2007: 326.0 2008: 321.3…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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The end-of-year assets of the Medicare Hospital Insurance Trust Fund (in billions of dollars) for the years 2006 through 2014 are shown. (a) Use the regression capabilities of a graphing utility to find a model of the form M = at³ + bt² + ct + d for the data. Let t = 6 represent 2006. (b) Use a graphing utility to plot the data and graph the model. (c) Find the maximum value of the model and compare the result with the actual data.

2006: 305.4
2007: 326.0
2008: 321.3
2009: 304.2
2010: 271.9
2011: 244.2
2012: 220.4
2013: 205.4
2014: 197.3

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