A First Course in Probability (10th Edition)
10th Edition
ISBN: 9780134753119
Author: Sheldon Ross
Publisher: PEARSON
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The total public debt D (in trillions of dollars) in the United States at the beginning of each year from 2000 through 2008 can be approximated by the model
D = 0.032t2 + 0.21t + 5.6, 0 ≤ t ≤ 8
where t represents the year, with t = 0 corresponding to 2000.†
(a) Use the model to complete the table to determine when the total public debt reached or surpassed $7 trillion.
(b) Verify your result from part (a) algebraically and graphically. (Round your answer to two decimal places.)
t =
(c) Use the model to predict the public debt in 2016.
$ trillion
t | D |
---|---|
0 | |
1 | |
2 | |
3 | |
4 | |
5 | |
6 | |
7 | |
8 |
The public debt reached or surpassed $7 trillion sometime in 2004.The public debt reached or surpassed $7 trillion sometime in 2005. The public debt reached or surpassed $7 trillion sometime in 2006.The public debt reached or surpassed $7 trillion sometime in 2007.The public debt reached or surpassed $7 trillion sometime in 2008.
(b) Verify your result from part (a) algebraically and graphically. (Round your answer to two decimal places.)
t =
(c) Use the model to predict the public debt in 2016.
$ trillion
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