The U.S. total annual health care costs (actual and projected, in billions of dollars) for selected years are given in the table.Year Cost Year Cost2003 1778 201532442006 2167 2018 37852009 2506 2021 45432012 2817 2024 5425These costs can be modeled byC(t) = 0.32t³ - 7.7t² + 170t + 1300where C(t) is in billions of dollars per year and t is the number of years past 2000. Use a definite integral and this model to find the total U.S. health care costs (inbillions of dollars) over the period 2004-2014. (Round your answer to the nearest integer.)$billion

The function for the annual health costs is modeled by, Ct=0.32t3-7.7t2+170t+1300 In the function, t…

Answered: The U.S. total annual health care costs…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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00 %24 High-Low Method Tashiro Inc. has decided to use the high-low method to estimate the total cost and the fixed and variable cost components of the total cost. The data for various levels of production are as follows: Units Produced Total Costs $164,920 096' 098'T 3,270 106,020 113,790 a. Determine the variable cost per unit and the total fixed cost. Variable cost (Round to two decimal places.) per unit KSHEET.AL... Total fixed cost b. Based on part (a), estimate the total cost for 2,460 units of production. Total cost for 2,460 units: 17 items Check My Work Previous Next e here to search 2:11 AM (中岁岛 12/1/2021 a. 41°F 114 SU 144 alt ctrl
Regression Plot: 3750 3700 3650 Number of establishment 3600 3550 3500 3450 3400 3350 3300 3250 0 1000 • 2000 • A ♥ MI 3000 Guest night MI 4000 13 5000 Study the output and answer the following questions; b. From the plot, comment on the relationship between number of establishments and guest nights?
The table below contains some revenue and cost data for the Rising Moon T-shirt Company (quantities for packets of a dozen shirts), which is in long-term equilibrium.a. Complete the blanks in the following table. Round your answers in the "AC" column to 2 decimal places. Quantity Price TR MR TC MC AC 0 / $/ / $121 / / 1 63 153 2 122 182 3 177 213 4 228 246 5 275 281 6 318 318 7 357 357 8 392 398 b. What is the profit-maximizing price and output for Rising Moon? Price: $ Output: c. At the profit-maximizing output, what are MC and MR? MC: $ MR: $ d. At the profit-maximizing output, what are AC and AR? Round your AC answer to 2 decimal places. AC: $ AR: $ e. Given your answers above, what type of market must Rising Moon be operating in? Rising Moon must be operating in a
In agricultural economics, a “supply response function” describes how supply of a commodity responds to changes in the price of that commodity. (production is the dependent variable,Independent variable: Price) Dataset: Year Seeded Area (hectares) Harvested Area (hectares) Average Yield (kg per ha) Production (tonnes) Price per Tonne ($/tonne) 1966 1,317,000 1,317,000 1,630 2,150,000 65 1967 1,424,000 1,424,000 1,720 2,449,000 60 1968 1,376,000 1,376,000 1,800 2,477,000 48 1969 1,012,000 1,012,000 1,720 1,742,000 46 1970 567,000 567,000 1,465 830,000 52 1971 1,019,000 1,019,000 1,975 2,014,000 50 1972 1,052,000 1,052,000 1,785 1,878,000 68 1973 1,214,000 1,214,000 1,725 2,095,000 158 1974 1,133,000 1,133,000 1,415 1,605,000 147 1975 1,255,000 1,255,000 1,690 2,123,000 130 1976 1,538,000 1,538,000 1,820 2,803,000 103…
ENERGY (KILOWATT-HOURS) 600 500 400 300 200 400 420 370 0 JAN FEB MAR APR MAY 320 310 330 MONTH -380- JUN JUL AUG SEP 400 420 NOV 580 DEC The line graph shows the monthly consumption of energy in kilowatt-hours for a house during a one-year period. Find the total amount of energy consumed during the year.
An entrepreneur who owns and operates two businesses (A and B) would like to analyze their profitability. They would like your help in the analysis. They give you the annual net profit (in thousands of $) for each business from 2008-2020. Table 1: Annual Net Profits for Businesses A and B Business Year Profit Business Year Profit 2008 -50 2008 -10 2009 57 2009 30 2010 71 2010 27 2011 64 2011 22 2012 60 2012 21 2013 50 2013 20 A 2014 41 2014 24 2015 59 2015 24 2016 71 2016 32 2017 71 2017 36 2018 74 2018 37 019 81 20 40 2020 97 2020 49 a. Suppose you want to graph the distribution of profits. Explain why using only one stem- plot might not be optimal for the analysis. b. Describe the correct stemplot to use. Generate this stemplot. Explain your steps. What can you say about the distribution from this stemplot? c. When are stemplots useful? And why is that? d. Suppose that instead of having 26 observations you have 200 observations. What graph should you generate? e. What other type of…
Use regression analysis on deseasonalized demand to forecast demand in summer 2013. Forecast for summer 2023 ______

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