Year $ per Person Year $ per Person 2000 4789 2010 8465 2002 5563 2012 9275 2004 6331 2014 10,289 2006 7091 2016 11,520 2008 7826 2018 12,994 (Source: U.S. Medicare and Medicaid Services)

A First Course in Probability (10th Edition)
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ISBN:9780134753119
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Chapter1: Combinatorial Analysis
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Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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Expenditures for U.S. Health Care The cost per person per year for health care, with projections to 2018,
is shown in the following table

a. Let x represent the number of years after 2000 and
y represent the annual cost, and sketch the scatter
plot
of the data.
b. Graph the function y = 1.149x3 - 21.564x2 +473.575x + 4749.394 on the same axes as the scatter plot.
c. Is the function a good visual fit to the data?

Year $ per Person Year $ per Person
2000
4789
2010
8465
2002
5563
2012
9275
2004
6331
2014
10,289
2006
7091
2016
11,520
2008
7826
2018
12,994
(Source: U.S. Medicare and Medicaid Services)
Transcribed Image Text:Year $ per Person Year $ per Person 2000 4789 2010 8465 2002 5563 2012 9275 2004 6331 2014 10,289 2006 7091 2016 11,520 2008 7826 2018 12,994 (Source: U.S. Medicare and Medicaid Services)
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