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The following table gives the monthly premiums for an insurance policy on people of various ages. Age a. Find an exponential function that models
The following table gives the monthly premiums for an insurance policy on people of various ages. Age a. Find an exponential function that models the monthly premium as a function of age. Monthly Premium ($) Age Full data set Monthly Premium ($) 35 122 60 989 b. Find the quadratic function that is the best fit for the data. c. Graph each function with the data points to determine which model is the better fit. 40 173 65 1531 45 262 70 2878 50 397 75 5550 55 630 a. The exponential function that models the data is y= (Use Integers or decimals rounded to the nearest thousandth as needed for any numbers in the expression)
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