Modeling Data The end-of-year assets for the Medicare Hospital Insurance Trust Fund (in
Chapter 4, Problem 89(choose chapter or problem)
Modeling Data The end-of-year assets for the Medicare Hospital Insurance Trust Fund (in billions of dollars) for the years 1995 through 2001 are shown. 1995: 130.3; 1996: 124.9; 1997: 115.6; 1998: 120.4; 1999: 141.4; 2000: 177.5; 2001: 208.7 (Source: U.S. Centers for Medicare and Medicaid Services) (a) Use the regression capabilities of a graphing utility to find a model of the form for the data. (Let represent 1995.) (b) Use a graphing utility to plot the data and graph the model. (c) Analytically find the minimum of the model and compare the result with the actual data.
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