The following table shows the consumer príce index for medical care in the U.S. for years since 1980.YearPrice Index74.94.106.8138.612190.116228.220260.824310.128364.1A scatter plot for the data follows.400-375350-325300275250225-2001501251007512 1S 18 21 24 27 30Use the above scatter plot to decide whether a linear model fits the data well.O A linear model fits the data well.OA linear model does not fit the data well.Let C(t) be the price index for a medical care for t years since 1980.A linear model for the data is C(t) =Use three declmals in youranswer.Estimate the price Index in 2012.Use one decimal in your answer.Use the model to predict the year in which the price index will be 402.4.

Draw a straight line passing through almost all the points (Shown in the figure below). The…

The following table shows the consumer príce index for medical care in the U.S. for years since 1980. Year Price Index 74.9 4. 106.8 138.6 12 190.1 16 228.2 20 260.8 24 310.1 28 364.1 A scatter plot for the data follows. 400+ 375

The following table shows the consumer príce index for medical care in the U.S. for years since 1980. Year Price Index 74.9 4. 106.8 138.6 12 190.1 16 228.2 20 260.8 24 310.1 28 364.1 A scatter plot for the data follows. 400+ 375

Algebra and Trigonometry (6th Edition)

6th Edition

ISBN:9780134463216

Author:Robert F. Blitzer

Publisher:Robert F. Blitzer

ChapterP: Prerequisites: Fundamental Concepts Of Algebra

Section: Chapter Questions

Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...

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Question

The following table shows the consumer príce index for medical care in the U.S. for years since 1980.
Year
Price Index
74.9
4.
106.8
138.6
12
190.1
16
228.2
20
260.8
24
310.1
28
364.1
A scatter plot for the data follows.
400-
375
350-
325
300
275
250
225-
200
150
125
100
75
12 1S 18 21 24 27 30
Use the above scatter plot to decide whether a linear model fits the data well.
O A linear model fits the data well.
OA linear model does not fit the data well.
Let C(t) be the price index for a medical care for t years since 1980.
A linear model for the data is C(t) =
Use three declmals in your
answer.
Estimate the price Index in 2012.
Use one decimal in your answer.
Use the model to predict the year in which the price index will be 402.4.

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