Use one of the models in Exercises 6566 and the formula for Sn to find the total
Question:
Use one of the models in Exercises 65–66 and the formula for Sn to find the total dormitory charges for your undergraduate education. How well does the model describe your anticipated costs?
Data from Exercise 65
The bar graph shows the average dormitory charges at public and private four-year U.S. colleges. Use the information displayed by the graph to solve Exercises 65–66.
a. Use the numbers shown by the bar graph to find the total dormitory charges at public colleges for a four-year, period from the school year ending in 2010 through the school year ending in 2013.
b. The model an = 225n + 4357 describes dormitory charges at public colleges in academic year n, where n = 1 corresponds to the school year ending in 2010, n = 2 to the school year ending in 2011, and so on. Use this model and the formula for Sn to find the total dormitory charges at public colleges for a four-year period from the school year ending in 2010 through the school year ending in 2013. Does this underestimate or overestimate the actual sum that you obtained in part (a)? By how much?
Data from Exercise 66
The bar graph shows the average dormitory charges at public and private four-year U.S. colleges. Use the information displayed by the graph to solve Exercises 65–66.
a. Use the numbers shown by the bar graph to find the total dormitory charges at private colleges for a four-year period from the school year ending in 2010 through the school year ending in 2013.
b. The model an = 198n + 5037 describes the dormitory charges at private colleges in academic year n, where n = 1 corresponds to the school year ending in 2010, n = 2 to the school year ending in 2011, and so on. Use this model and the formula for Sn to find the total dormitory charges at private colleges for a four-year period from the school year ending in 2010 through the school year ending in 2013. How does this compare with the actual sum you obtained in part (a)?
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