Using data from 2002 and with projections to 2024, total annual expenditures for national health care (in
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Using data from 2002 and with projections to 2024, total annual expenditures for national health care (in billions of dollars) can be described by
E = 4.61x2 + 43.4x + 1620
where x is the number of years past 2000 (Source: U.S. Centers for Medicare and Medicaid Services). If the pattern indicated by this equation remains valid, when does the model predict these expenditures will reach $7071 billion?
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Mathematical Applications For The Management, Life And Social Sciences
ISBN: 9781337625340
12th Edition
Authors: Ronald J. Harshbarger, James J. Reynolds
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