(a) Estimate the years between 2012 and 2020 when unemployment was 7%. (b) Use the table in...
Question:
(a) Estimate the years between 2012 and 2020 when unemployment was 7%.
(b) Use the table in Example 8 to calculate the average rate of change in unemployment from 2014 to 2018. Interpret the result.
Transcribed Image Text:
EXAMPLE 8 Determining a cubic modeling function The data in TABLE 4.2 (repeated in the margin) lists Brazil's unemployment rates. (a) Find a polynomial function of degree 3 that models the data. (b) Graph f and the data together. (c) Estimate unemployment in 2024. (d) Did your estimates in part (c) involve interpolation or extrapolation? Is there a problem with using higher degree polynomials (n ≥ 3) for extrapolation? Explain. Brazil's Unemployment Rate (%) 6.75 5.48 4.84 9.19 Year 2010 2012 2014 2016 2018 2020 10.4 10.0 TABLE 4.2 (Repeated)
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 60% (5 reviews)
a f x 7 at approximately 2010 and 2015 b Si...View the full answer
Answered By
Shaira grace
I have experience of more than ten years in handing academic tasks and assisting students to handle academic challenges. My level of education and expertise allows me communicate eloquently with clients and therefore understanding their nature and solving it successfully.
5.00+
4+ Reviews
10+ Question Solved
Related Book For
College Algebra With Modeling And Visualization
ISBN: 9780134418049
6th Edition
Authors: Gary Rockswold
Question Posted:
Students also viewed these Mathematics questions
-
The table below gives the U.S. consumer price index (CPI) for selected years from 2012 and projected to 2050. With the reference year as 2012, a 2020 CPI = 120.56 means goods and services that cost...
-
The following table shows the total national expenditures for health (in billions of dollars) for selected years from 2002 and projected to 2024. (These data include expenditures for medical research...
-
The figure shows the percent of the U.S. population with diabetes (diagnosed and undiagnosed) for selected years from 2010 and projections to 2050. Assume this percent can be modeled by y = 6.97(0.5x...
-
Create a use case diagram that would illustrate the use cases for the following dentist office system: Whenever new patients are seen for the first time, they complete a patient information form that...
-
What is operating leverage? What does it mean if a company has a degree of operating leverage of 3?
-
TSMC Qu. 2.133 Lupo Corporation uses a job-order costing... Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead role based on machine hours. The company...
-
Think about a job or a volunteer role where your hygiene needs were not met. What was the effect of this on your level of motivation?(p. 93)
-
Were Spykes and Wide Eye bad products? Do you think they were marketed in objectionable or misleading ways? Do you think companies should be allowed to market other caffeinated alcoholic beverages?
-
Find the following values, using the equations, and then work the problems using a financial calculator to check your answers, Disregard rounding differences. a. An initial $200 compounded for 1 year...
-
In the figure the monthly average temperature in degrees Fahrenheit from January to December in Minneapolis is modeled by a polynomial function f, where x = 1 corresponds to January and x = 12 to...
-
Solve the equation. Find all real solutions. zx9 = 5 + x
-
What is rent-seeking? When is it likely to be widespread? How does it influence economic efficiency? Explain.
-
Problem Statement | Nessie, the wonder-dog, is sprinting at a constant 10.0 m/s in a straight Useful Equations line. After passing point A, she slows to a stop with a constant acceleration of 1.79...
-
1) How much work does a supermarket checkout attendant do on a can of soup he pushes 0.810 m horizontally with a force of 5.60 N? Express your answer in joules and kilocalories. (For each answer,...
-
You are working as a junior developer at Smashing Websites Ltd. You are part of a team of junior developers that have recently joined the organisation. Smashing Websites provide services to a range...
-
3. Consider the system x + y + bz x+by+4z = 2 = 1 ax+ay + 2z == a In each case, determine all values of a and b which give the indicated number of solutions, if possible. If no such a and b exist,...
-
Income statements for Fanning Company for Year 3 and Year 4 follow. FANNING COMPANY Income Statements Year 4. Sales $200,200 Year 3 $180,200 Cost of goods sold. 143,800 121,800 Selling expenses...
-
A crane driven by an electric motor lifts 5 ton of building material in one minute to a height of 50m. The motor has an efficiency of 92% and the crane has an efficiency of 96%. Sketch the block...
-
When you weigh yourself on good old terra firma (solid ground), your weight is 142 lb. In an elevator your apparent weight is 121 lb. What are the direction and magnitude of the elevator's...
-
In Exercises 87106, perform the indicated computations. Write the answers in scientific notation. If necessary, round the decimal factor in your scientific notation answer to two decimal places. 3.6 ...
-
In Exercises 91100, simplify using properties of exponents. (25x4y6)2
-
In Exercises 93102, factor and simplify each algebraic expression. (x + 3)(x + 3)
-
An 8%, 30-year semi-annual corporate bond was recently being priced to yield 10%. The Macaulay duration for this bond is 10.2 years. What is the bonds modified duration? How much will the price of...
-
Question 7 of 7 0/14 W PIERDERY Current Attempt in Progress Your answer is incorrect Buffalo Corporation adopted the dollar value LIFO retail inventory method on January 1, 2019. At that time the...
-
Cost of debt with fees . Kenny Enterprises will issue a bond with a par value of $1,000, a maturity of twenty years, and a coupon rate of 9.9% with semiannual payments, and will use an investment...
Study smarter with the SolutionInn App