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Question
question 21 (3 points)
the table shows the national expenditures for health care, in billions, in a country for selected years from 1995 with projections to 2020. the data can be modeled by
y = 134.823x + 131.267 with x equal to the number of years after 1990 and y equal to the expenditures for health care in billions of dollars.
| year | expenditures ($ billions) |
|---|---|
| 2000 | 1346 |
| 2005 | 1975 |
| 2010 | 2949 |
| 2015 | 3261 |
| 2020 | 4394 |
what does this model predict the expenditure will be in 2016?
- 7008.347 billion
- 3802.726 billion
- 7122.059 billion
- 3636.665 billion
Step1: Determine x for 2016
x is years after 1990. 2016 - 1990 = 26. So x = 26.
Step2: Substitute x into the model
The model is \( y = 134.823x + 131.267 \). Substitute x = 26:
\( y = 134.823(26) + 131.267 \)
Calculate \( 134.823 \times 26 = 3505.398 \)
Then \( 3505.398 + 131.267 = 3636.665 \)
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3636.665 billion