8. The end-of-year assets for the Medicare Hospital Insurance Trust Fund (in billions of dollars) for the years 1995 through 2001 are shown Year 1998 2000 1995 130.3 1996 1997 1999 2001 E.O.Y. 124.9 115.6 120.4 141.4 177.5 208.7 assets (source: U.S. Centers for Medicare and Medicade Services) a. Use the regression feature of the graphing calculator to find a quadratic regression for the data above. Let t-5 represent 1995 b. Plot the data with your calculator and graph the model on the same viewing screen. c. Analytically (using calculus) find the minimum of the model and compare the result with the actual data.

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8. The end-of-year assets for the Medicare Hospital Insurance Trust Fund (in billions of dollars) for the years
1995 through 2001 are shown
Year
1998
2000
1995
130.3
1996
1997
1999
2001
E.O.Y.
124.9
115.6
120.4
141.4
177.5
208.7
assets
(source: U.S. Centers for Medicare and Medicade Services)
a. Use the regression feature of the graphing calculator to find a quadratic regression for the data above.
Let t-5 represent 1995
b. Plot the data with your calculator and graph the model on the same viewing screen.
c. Analytically (using calculus) find the minimum of the model and compare the result with the actual data.
Transcribed Image Text:8. The end-of-year assets for the Medicare Hospital Insurance Trust Fund (in billions of dollars) for the years 1995 through 2001 are shown Year 1998 2000 1995 130.3 1996 1997 1999 2001 E.O.Y. 124.9 115.6 120.4 141.4 177.5 208.7 assets (source: U.S. Centers for Medicare and Medicade Services) a. Use the regression feature of the graphing calculator to find a quadratic regression for the data above. Let t-5 represent 1995 b. Plot the data with your calculator and graph the model on the same viewing screen. c. Analytically (using calculus) find the minimum of the model and compare the result with the actual data.
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