The Table Below Gives the Number of Births, in Thousands

question 202

Multiple Choice

The table below gives the number of births, in thousands, to females over the age of 35 for a particular state every two years from 1994 to 2010. $$\begin{array} { c | c } & \text { Births } \\\text { Year } & \text { (thousands) } \\\hline 1994 & 42.5 \\\hline 1996 & 29.9 \\\hline 1998 & 36.0 \\\hline 2000 & 56.9 \\\hline 2002 & 71.1 \\\hline 2004 & 69.9 \\\hline 2006 & 57.2 \\\hline 2008 & 37.1 \\\hline 2010 & 25.9\end{array}$$ Use technology to find the quartic function that is the best fit for this data, where x is the number of years after 1994.
According to the model, when will the number of births to females over the age of 35 first reach 80,000?

• A) 2015
• B) 2014
• C) 2016
• D) 2013

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Definitions:

Stock Put Option

A financial derivative that gives the holder the right, but not the obligation, to sell a stock at a specified price within a specified time period.

Stock Price

The price at which a particular stock is bought or sold on the market.

Put Contract

A financial contract giving the holder the right, but not the obligation, to sell a specific amount of an underlying asset at a set price within a specified time.

Put Premium

A Put Premium is the price that the buyer of a put option pays to have the right to sell a specified amount of an underlying asset at a set price before the option expires.