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) 1984 and 2001 million per year (b) 2014 and 2025

College Algebra
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ISBN:9781938168383
Author:Jay Abramson
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Chapter6: Exponential And Logarithmic Functions
Section6.8: Fitting Exponential Models To Data
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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)
1984 and 2001
million per year
(b)
2014 and 2025
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) 1984 and 2001 million per year (b) 2014 and 2025 million per year
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