Linear models for the health care expenditure h ( t ) and the population p ( t ) using a graphing utility. The table shows the health care expenditures h (in billions of dollars) in the United States and the population p (in millions) of the United States for the year 2004 through 2009. The year represented by t , with t = 4 corresponding to 2004. Year, t 4 5 6 7 8 9 h 1773 1890 2017 2135 2234 2330 p 293 296 299 302 305 307
Linear models for the health care expenditure h ( t ) and the population p ( t ) using a graphing utility. The table shows the health care expenditures h (in billions of dollars) in the United States and the population p (in millions) of the United States for the year 2004 through 2009. The year represented by t , with t = 4 corresponding to 2004. Year, t 4 5 6 7 8 9 h 1773 1890 2017 2135 2234 2330 p 293 296 299 302 305 307
Solution Summary: The author explains how to calculate linear models for the health care expenditures h(t) and the population
Linear models for the health care expenditure h(t) and the population p(t) using a graphing utility.
The table shows the health care expenditures h (in billions of dollars) in the United States and the population p (in millions) of the United States for the year 2004 through 2009. The year represented by t, with t=4 corresponding to 2004.
Year,t
4
5
6
7
8
9
h
1773
1890
2017
2135
2234
2330
p
293
296
299
302
305
307
(b)
To determine
To graph:
Use graphing utility to graph each model found in part (a).
The table shows the health care expenditures h (in billions of dollars) in the United States and the population p (in millions) of the United States for the year 2004 through 2009. The year represented by t, with t=4 corresponding to 2004.
Year,t
4
5
6
7
8
9
h
1773
1890
2017
2135
2234
2330
p
293
296
299
302
305
307
(c)
To determine
To calculate:
The table shows the health care expenditures h (in billions of dollars) in the United States and the population p (in millions) of the United States for the year 2004 through 2009. The year represented by t, with t=4 corresponding to 2004.
Year,t
4
5
6
7
8
9
h
1773
1890
2017
2135
2234
2330
p
293
296
299
302
305
307
Find A=h(t)p(t), then graph A using a graphing utility. What does this function represent?
(d)
To determine
To calculate:
Find and interpret A′(t) in the context of these data.
The table shows the health care expenditures h (in billions of dollars) in the United States and the population p (in millions) of the United States for the year 2004 through 2009. The year represented by t, with t=4 corresponding to 2004.
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, calculus and related others by exploring similar questions and additional content below.
Correlation Vs Regression: Difference Between them with definition & Comparison Chart; Author: Key Differences;https://www.youtube.com/watch?v=Ou2QGSJVd0U;License: Standard YouTube License, CC-BY
Correlation and Regression: Concepts with Illustrative examples; Author: LEARN & APPLY : Lean and Six Sigma;https://www.youtube.com/watch?v=xTpHD5WLuoA;License: Standard YouTube License, CC-BY