The table shows data from 1975 and projections to 2050 of the number of millions of people age 15 to 59 in a country. Complete parts (a) and (b) below. Year Labor Pool Labor Pool Labor Pool e Year Year (millions) 480 (millions) (millions) 1975 2005 865 2035 840 1980 560 2010 900 2040 820 1985 640 2015 920 2045 800 1990 730 2020 920 2050 670 1995 750 2025 915 2000 800 2030 885 a. What is the quadratic function that best models this population as a function of the number of years after 1970? Let x represent the number of years after 1970 and y represent the number of millions of people in this labor pool. y= (-0.225 )x + ( 22.295)x + ( 360.420") (Type integers or decimals rounded to three decimal places as needed.) b. Use technology with the model to find the maximum size of this population before it begins to shrink. The maximum size of the labor pool population is approximately 912 million. (Round to the nearest whole number as needed.) It will occur in the year 2020
The table shows data from 1975 and projections to 2050 of the number of millions of people age 15 to 59 in a country. Complete parts (a) and (b) below. Year Labor Pool Labor Pool Labor Pool e Year Year (millions) 480 (millions) (millions) 1975 2005 865 2035 840 1980 560 2010 900 2040 820 1985 640 2015 920 2045 800 1990 730 2020 920 2050 670 1995 750 2025 915 2000 800 2030 885 a. What is the quadratic function that best models this population as a function of the number of years after 1970? Let x represent the number of years after 1970 and y represent the number of millions of people in this labor pool. y= (-0.225 )x + ( 22.295)x + ( 360.420") (Type integers or decimals rounded to three decimal places as needed.) b. Use technology with the model to find the maximum size of this population before it begins to shrink. The maximum size of the labor pool population is approximately 912 million. (Round to the nearest whole number as needed.) It will occur in the year 2020
Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
6th Edition
ISBN:9781337111348
Author:Bruce Crauder, Benny Evans, Alan Noell
Publisher:Bruce Crauder, Benny Evans, Alan Noell
Chapter5: A Survey Of Other Common Functions
Section5.6: Higher-degree Polynomials And Rational Functions
Problem 3E: Traffic Accidents The following table shows the cost C of traffic accidents. in cents per...
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