Year195619661976198619962001Personal Income414.6836.72313.14883.48428.710,234.4 Total personal income of the country (in billions of dollars) for selected years from 1956 to 2001 is given in the table.(a) These data can be modeled by an exponential function. Write the equation of this function, with x as the number of years after 1956.(b) If this model is accurate, what will be the country's total personal income in 2006?(c) In what year does the model predict the total personal income will reach $23 trillion?(a) The equation of an exponential function that models the data is y=(Use integers or decimals for any numbers in the expression. Round to three decimal places as needed.)(b) The country's total personal income in 2006 will be $ billion.(Round to three decimal places as needed.)(c) The total personal income will reach $23 trillion in the year(Round up to the nearest year.)

From the given information, Let x be the number years starting from 0 to 1956 and Y be the total…

Answered: Total personal income of the country…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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