(Medicare). The annual expenditures for Medicare (in billions of dollars) by the US Government for selected years since 1980 are shown in Table 4. Let x represent the years since 1980. (Use 4 decimal places in all answers.) Table 4: Medicare Expenditures Year Billion $ 1980 37 1985 72 1990 111 1995 181 2000 197 2005 330 A. Find the exponential regression model for the data. M(x) = B. What is the r2 value for this model? r2 = C. Extimate (to the nearest billion) the expenditures in 2008? The Medicare expenditures in 2008 were about $ billion.
(Medicare). The annual expenditures for Medicare (in billions of dollars) by the US Government for selected years since 1980 are shown in Table 4. Let x represent the years since 1980. (Use 4 decimal places in all answers.) Table 4: Medicare Expenditures Year Billion $ 1980 37 1985 72 1990 111 1995 181 2000 197 2005 330 A. Find the exponential regression model for the data. M(x) = B. What is the r2 value for this model? r2 = C. Extimate (to the nearest billion) the expenditures in 2008? The Medicare expenditures in 2008 were about $ billion.
Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter1: Functions
Section1.CR: Chapter 1 Review
Problem 86CR
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(Medicare). The annual expenditures for Medicare (in billions of dollars) by the US Government for selected years since 1980 are shown in Table 4. Let x represent the years since 1980. (Use 4 decimal places in all answers.)
Table 4: Medicare Expenditures
Year | Billion $ |
1980 | 37 |
1985 | 72 |
1990 | 111 |
1995 | 181 |
2000 | 197 |
2005 | 330 |
A. Find the exponential regression model for the data.
M(x) =
B. What is the r2 value for this model?
r2 =
C. Extimate (to the nearest billion) the expenditures in 2008?
The Medicare expenditures in 2008 were about $
billion.
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