The average annual cost (in dollars) for health insurance in a country can be approximated by the function g(x) = - 1736.1 + 1662.8 In x, where x= 6 corresponds to the year 2006. (a) Estimate the average cost in 2011. (b) Graph the function g for the period 2006 to 2015 (c) Assuming that the graph remains accurate, what does the shape of the graph suggest regarding the average cost of health insurance? (a) To find the average cost in 2011, substitute 2251.12026 for x in the function. (Simplify your answer.)

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
icon
Related questions
Question
The average annual cost (in dollars) for health insurance in a country can be approximated by the function
g(x) = - 1736.1 + 1662.8 In x, where x= 6 corresponds to the year 2006.
(a) Estimate the average cost in 2011.
(b) Graph the function g for the period 2006 to 2015
(c) Assuming that the graph remains accurate, what does the shape of the graph
suggest regarding the average cost of health insurance?
(a) To find the average cost in 2011, substitute 2251.12026 for x in the function.
(Simplify your answer.)
Transcribed Image Text:The average annual cost (in dollars) for health insurance in a country can be approximated by the function g(x) = - 1736.1 + 1662.8 In x, where x= 6 corresponds to the year 2006. (a) Estimate the average cost in 2011. (b) Graph the function g for the period 2006 to 2015 (c) Assuming that the graph remains accurate, what does the shape of the graph suggest regarding the average cost of health insurance? (a) To find the average cost in 2011, substitute 2251.12026 for x in the function. (Simplify your answer.)
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 4 steps with 1 images

Blurred answer
Similar questions
Recommended textbooks for you
Advanced Engineering Mathematics
Advanced Engineering Mathematics
Advanced Math
ISBN:
9780470458365
Author:
Erwin Kreyszig
Publisher:
Wiley, John & Sons, Incorporated
Numerical Methods for Engineers
Numerical Methods for Engineers
Advanced Math
ISBN:
9780073397924
Author:
Steven C. Chapra Dr., Raymond P. Canale
Publisher:
McGraw-Hill Education
Introductory Mathematics for Engineering Applicat…
Introductory Mathematics for Engineering Applicat…
Advanced Math
ISBN:
9781118141809
Author:
Nathan Klingbeil
Publisher:
WILEY
Mathematics For Machine Technology
Mathematics For Machine Technology
Advanced Math
ISBN:
9781337798310
Author:
Peterson, John.
Publisher:
Cengage Learning,
Basic Technical Mathematics
Basic Technical Mathematics
Advanced Math
ISBN:
9780134437705
Author:
Washington
Publisher:
PEARSON
Topology
Topology
Advanced Math
ISBN:
9780134689517
Author:
Munkres, James R.
Publisher:
Pearson,