Suppose the rate of change of the number of Social Security beneficiaries (in millions per year) can
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where t is the number of years past 1950.
(a) Use integration and the data point for 2000 to find the function B(t) that models the millions of Social Security beneficiaries.
(b) The data in the table give the millions of Social Security beneficiaries for selected years from 1950 and projected to 2030. Graph B(t) from part (a) with the data in the table; let t0 represent 1950.
(c) How well does the model fit the data?
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Related Book For
Mathematical Applications for the Management Life and Social Sciences
ISBN: 978-1305108042
11th edition
Authors: Ronald J. Harshbarger, James J. Reynolds
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