(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.) Table 4: Medicare Expenditures Year Billion $ 1980 37 1985 1990 72 111 1995 181 2000 197 2005 330 A. Find the exponential regression model for the data. M(x) - B. What is the value for this model? C Extimate (to the nearest billion) the expenditures in 20087 The Medicare expenditures in 2008 were about $ bilion.

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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.)
Table 4:
Medicare
Expenditures
Year Billion $
1980
1985
37
72
1990
1995
111
181
2000
2005
197
330
A. Find the exponential regression model for the data.
M(x) -
B. What is the ? value for this model?
C. Extimate (to the nearest billion) the expenditures in 20087
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.) Table 4: Medicare Expenditures Year Billion $ 1980 1985 37 72 1990 1995 111 181 2000 2005 197 330 A. Find the exponential regression model for the data. M(x) - B. What is the ? value for this model? C. Extimate (to the nearest billion) the expenditures in 20087 The Medicare expenditures in 2008 were about $ billion.
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