Answered: Year Expenditures ($ billions) 1995…

Algebra and Trigonometry (6th Edition)

6th Edition

ISBN:9780134463216

Author:Robert F. Blitzer

Publisher:Robert F. Blitzer

ChapterP: Prerequisites: Fundamental Concepts Of Algebra

Section: Chapter Questions

Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...

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Question

. National Health Care The table shows the national
expenditures for health care, in billions, in the United
States for selected years from 1995 with projections
to 2020.
a. Find a linear function that models the data, with
x equal to the number of years after 1990 and y
equal to the expenditures for health care in billions of dollars.
b. What does this model predict the expenditure will
be in 2018?
c. During what year does the model predict that the
expenditures for health care will be $4659 billion?

Year
Expenditures ($ billions)
1995
1017
2000
1353
2005
1981
2010
2954
2015
3308
2020
4487
(Sourre: US Centers for Medicare and Merdicaid Services)

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