Disposable income is the amount left after taxes have been paid and is one measure of health of the economy. The table gives the total disposable income for a country, in billions of dollars, for selected years from 2010 and projected to 2040. Year Income 2010 10.558 2015 11.572 2020 12.353 2025 14.764 2030 15.388 2035 17.818 2040 19.183 b. Find a linear model that models the data, where x is the number of years after 2000 and y is the total disposable income in billions of dollars.
Disposable income is the amount left after taxes have been paid and is one measure of health of the economy. The table gives the total disposable income for a country, in billions of dollars, for selected years from 2010 and projected to 2040. Year Income 2010 10.558 2015 11.572 2020 12.353 2025 14.764 2030 15.388 2035 17.818 2040 19.183 b. Find a linear model that models the data, where x is the number of years after 2000 and y is the total disposable income in billions of dollars.
Linear Algebra: A Modern Introduction
4th Edition
ISBN:9781285463247
Author:David Poole
Publisher:David Poole
Chapter4: Eigenvalues And Eigenvectors
Section4.6: Applications And The Perron-frobenius Theorem
Problem 25EQ
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Disposable income is the amount left after taxes have been paid and is one measure of health of the economy. The table gives the total disposable income for a country, in billions of dollars, for selected years from 2010 and projected to 2040.
Year Income
2010 10.558
2015 11.572
2020 12.353
2025 14.764
2030 15.388
2035 17.818
2040 19.183
b. Find a linear model that models the data, where x is the number of years after 2000 and y is the total disposable income in billions of dollars.
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