... ... With data from the Social Security Trustees Report for selected years from 1950 and projected to 2030, the number of Social Security beneficiaries (in millions) can be modeled by B(t) = 0.00024t3 – 0.026t2 + 1.6t + 2.2 where t is the number of years past 1950. Use the model to find the average number of Social Security beneficiaries per year (actual and predicted) between the following years. (Round your answers to three decimal places.) (a) 1981 and 2007 million per year (b) 2015 and 2028 million per year

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
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Chapter6: Exponential And Logarithmic Functions
Section6.8: Fitting Exponential Models To Data
Problem 1TI: Table 2 shows a recent graduate’s credit card balance each month after graduation. a. Use...
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With data from the Social Security Trustees Report for selected years from 1950 and projected to 2030, the number of Social Security beneficiaries (in millions) can be modeled by
B(t) = 0.00024t3 – 0.026t2 + 1.6t + 2.2
where t is the number of years past 1950. Use the model to find the average number of Social Security beneficiaries per year (actual and predicted) between the following years. (Round your
answers to three decimal places.)
(a)
1981 and 2007
million per year
(b)
2015 and 2028
million per year
Transcribed Image Text:With data from the Social Security Trustees Report for selected years from 1950 and projected to 2030, the number of Social Security beneficiaries (in millions) can be modeled by B(t) = 0.00024t3 – 0.026t2 + 1.6t + 2.2 where t is the number of years past 1950. Use the model to find the average number of Social Security beneficiaries per year (actual and predicted) between the following years. (Round your answers to three decimal places.) (a) 1981 and 2007 million per year (b) 2015 and 2028 million per year
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