Year2000Expenditure(billions $)20042005200720082009201220132015135918782016232024982689329835334032a. Make a graph of the data large enough to include 2018 (use graph paper, label completely, and choose thecorrect axis for the independent (x) and dependent (y) variables).b. Find the growth rate (b) between 2004 and 2005, rounded to 3 decimal places.Ythe table.c. Find the growth rate (b) between 2012 and 2015, rounded to 3 decimal places.Hint: the years are not consecutive so you will need to substitute the numbers you know into the equationab and solve for b.hawand. Add a trend line and estimate the expenditure you would expect in 2018.billionUse your prend line to estimate the year the US health expenditure reached $3000 billion.

Given Information: Consider the given dataset in which the number of years is an independent…

Answered: Year Expenditure (billions $) 1359 1878…

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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teria. What 6. A home is purchased for $175 000 in 2007. The same home is valued at $520 000 in 2020. What is the annual percentage growth rate given that the growth model is exponential? (Round percentage to 1 decimal place.)
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Health Services Expenditures The following tablegives total U.S. expenditures (in billions of dollars)for health services and supplies for selected yearsfrom 2000 and projected to 2018. a. Find an exponential function to model these data,with x equal to the number of years after 2000.b. Use the model to estimate the U.S. expendituresfor health services and supplies in 2020.
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