Question
The following table shows total military and arms trade expenditure for a certain country in 2000, 2006, and 2012. Year t (year since 2000) 0
The following table shows total military and arms trade expenditure for a certain country in 2000, 2006, and 2012.
Year t (year since 2000) | 0 | 6 | 12 |
---|---|---|---|
Military Expenditure C(t) ($ billion) | 330 | 560 | 620 |
(a)
Compute the average rate of change of C(t) over the period 20062012 (that is, [6, 12]). Be sure to state the units of measurement. HINT [See Example 1.]
---Select--- years billion dollars billion dollars per year
Interpret the average rate of change.
This country's military expenditure increased at an average rate of about ---Select--- years billion dollars billion dollars per year between 2006 and 2012.
(b)
Compute the average rate of change of C(t) over the period [0, 12]. Be sure to state the units of measurement. HINT [See Example 1.] (Round your answer to two decimal places.)
---Select--- years billion dollars billion dollars per year
Interpret the average rate of change. (Round your answer to two decimal places.)
This country's military expenditure increased at an average rate of about ---Select--- years billion dollars billion dollars per year between 2000 and 2012.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started