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By 2014, nearly 31 out of every 35 spent in the U.5. economy is projected to go to health care. 1he bar graph shows the
By 2014, nearly 31 out of every 35 spent in the U.5. economy is projected to go to health care. 1he bar graph shows the percentage of the U.5. gross domestic product (GDP) geing toward health care from 2007 through 2014, with a projection for 2015 Percentage of the Gross Domestic Product in the United States Going Toward Health Care 21% 18% 17.3 174 15% 12% 9% 6% 3% 19.3 17.5 Percentage of GDP for Health Care 2007 2008 2009 2010 2014 2019 Year Source: Health Affairs (healthaffairs.org) The data can be modeled by the function f{x) = 1.2Lnx + 15.7 where f(x) is the percentage of the U.5. gross domestic product going toward health care x years after 2006. Use the function to determine the percentage of the U.S. gross domestic product that went toward health care in 2009. Round to the nearest tenth of a percent. Does this underestimate or overestimate the percentage displayed by the graph? By how much? According to the model, when will 18.6% of the gross domestic product go toward health care? Round to the nearest year. QUESTION 1 Use the function to determine the percentage of the U.S. gross domestic product that went toward health care in 2009. Round to the nearest tenth of a percent. QUESTION 2 The answer from Problem 1 underestimates the data in the graph by how much? Round to one decimal place. QUESTION 3 According to the model, when will 18.6% of the gross domestic product go toward health care? Round to the nearest year
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