The following table shows the millions of individuals, ages 15 to 59, in China's labor pool for
Question:
The following table shows the millions of individuals, ages 15 to 59, in China's labor pool for selected years from 1975 and projected to 2050.
(a) Find the cubic function L(t) that best models the size of this labor pool, where t is the number of years after 1970. Report the model with three significant digit coefficients.
(b) Use the reported model to estimate the maximum size of this labor pool before it begins to shrink and the year when the maximum occurs.
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a y 0000487x 3 0162x 2 198x388 b y 0001461x 2 0324x 198 Using ...View the full answer
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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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