Estimate the Error in the Approximation of as a Taylor

question 74

Essay

Estimate the error in the approximation of as a Taylor polynomial of degree 3 about c = 1. Show all your work.

---

Definitions:

U.S. Total Health Spending

Refers to the total public and private expenditure on health care services and products in the United States, measured annually.

Health Care Costs

The total expenditures required for services to prevent, diagnose, treat, or manage illnesses and conditions.

Tax Subsidy

A grant in the form of reduced taxes through favorable tax treatment. For example, employer-paid health insurance is exempt from federal income taxes and payroll taxes.