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expenditures for Medicare (in billions of dollars) by the US

expenditures for Medicare (in billions of dollars) by the US

Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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(Medicare). The annual expenditures for Medicare (in billions of dollars) by the US Government for selected years since 1980 are shown in Table 4. Let x represent the years since 1980. (Use 4 decimal places in all answers.) Year Billion $ 1980 37 1985 72 1990 111 1995 181 2000 197 2005 330 Table 4: Medicare Expenditures A. Find the exponential regression model for the data. M(x) = B. What is the r2 value for this model? r2 = C. Extimate (to the nearest billion) the expenditures in 2008? The Medicare expenditures in 2008 were about $ billion.
Transcribed Image Text:(Medicare). The annual expenditures for Medicare (in billions of dollars) by the US Government for selected years since 1980 are shown in Table 4. Let x represent the years since 1980. (Use 4 decimal places in all answers.) Year Billion $ 1980 37 1985 72 1990 111 1995 181 2000 197 2005 330 Table 4: Medicare Expenditures A. Find the exponential regression model for the data. M(x) = B. What is the r2 value for this model? r2 = C. Extimate (to the nearest billion) the expenditures in 2008? The Medicare expenditures in 2008 were about $ billion.
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