The Table Below Shows the National Expenditures for Health Care

question 82

Multiple Choice

The table below shows the national expenditures for health care in a certain country for selected years. Find a power model and a linear model for the data where x is the number of years after 1950. Which of the models seems to be the best to use if you are interested in finding the health care costs near the year 1990? Round numerical values in your answers to three decimal places. ​

• A) The power model gives more accurate results near the year 1990.
• B) The linear model gives more accurate results near the year 1990.
• C) The power model gives more accurate results near the year 1990.
• D) The linear model gives more accurate results near the year 1990.
• E) The power model gives more accurate results near the year 1990.

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Definitions:

Fraudulent Alteration

The unauthorized modification of a document with the intention to deceive for personal gain or to harm another party.

Liabilities

Financial or legal obligations that an entity is required to pay or resolve in the future.

Promissory Note

A written promise to pay a specified sum of money to a designated party on demand or at a fixed or determinable future time.

Fictitious-Payee Rule

A legal principle that protects banks from liability when funds are withdrawn by a person not entitled to them, if the drawer's negligence contributed to the forgery.