Spending on Corrections in the 1990s The following table shows the annual spending by all states in the United States on corrections:33
Year t (year since 1990) | 0 | 2 | 4 | 6 | 7 |
Spending ($ billion) | 16 | 18 | 22 | 28 | 30 |
a. Which of the following functions best fits the given data? (Warning: None of them fits exactly, but one fits more closely than the others.) [HINT: See Example 5.]
(A)
(B)
(C)
b. Use your answer to pan (a) to “predict” spending on corrections in 1998, assuming that the trend continued.
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Chapter 1 Solutions
Applied Calculus
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