Percentage of Total Spending in the United States on Food and Health Care 24% 22% 21% 18% 16% 16% 15% 13% 12% 10% 9% 7% 7% 6% 3% 3% Food Health Care Perentage of Total Spending
Percentage of Total Spending in the United States on Food and Health Care 24% 22% 21% 18% 16% 16% 15% 13% 12% 10% 9% 7% 7% 6% 3% 3% Food Health Care Perentage of Total Spending
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
ChapterCSR: Contents Of Student Resources
Section: Chapter Questions
Problem 7.34EP
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Question
The bar graph shows that as costs changed over the decades,
Americans devoted less of their budget to groceries and more to
health care. Find a linear function in slope-intercept form that models the given description. Each function should model the percentage of total spending, p(x), by Americans x years after 1950.
"In 1950, Americans spent 22% of their budget on food. This has decreased at an average rate of approximately 0.25% per year since then."
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