There is a drastic change in the expected age dependency ratio in the year 2060 compared to what the values were in 2010. Explain this change and explain what it means for both the working class (aged 18-64) people and the rest of the population. The line chart, below, displays projections for all 3 dependency ratios.Age Dependency Ratio Projections90.0y = 1.43x + 62.867R = 0.782980.0www.70.060.050.040.030.0y = -0.2633x +37.146R = 0.879820.0y = 1.6933x + 25.721R = 0.856410.00.020152020202520302035child dependency ratio20402045205020552060old age dep ratioage dependency ratioLinear (old age dep ratio)Linear (old age dep ratio)Linear (child dependency ratio)Linear (child dependency ratio)***...... Linear (child dependency ratio)Linear (age dependency ratio)**....... Linear (age dependency ratio)

Old age dep ratio: The R2 value corresponding with old age dep ratio is 0.8564. That is, the…

Answered: The line chart, below, displays…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

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There is a drastic change in the expected age dependency ratio in the year 2060 compared to what the values were in 2010. Explain this change and explain what it means for both the working class (aged 18-64) people and the rest of the population.

The line chart, below, displays projections for all 3 dependency ratios.
Age Dependency Ratio Projections
90.0
y = 1.43x + 62.867
R = 0.7829
80.0
www.
70.0
60.0
50.0
40.0
30.0
y = -0.2633x +37.146
R = 0.8798
20.0
y = 1.6933x + 25.721
R = 0.8564
10.0
0.0
2015
2020
2025
2030
2035
child dependency ratio
2040
2045
2050
2055
2060
old age dep ratio
age dependency ratio
Linear (old age dep ratio)
Linear (old age dep ratio)
Linear (child dependency ratio)
Linear (child dependency ratio)
***...... Linear (child dependency ratio)
Linear (age dependency ratio)
**....... Linear (age dependency ratio)

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