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According to the Massachusetts Department of Welfare, the spending (in billions of dollars) by Medicaid, the national health-care plan for the poor, over the 5-yr period from 1988 to 1992 is summarized in the accompanying table. (Here, x = 0 represents the beginning of the year 1988.) Find an equation of the least-squares line for these data. Please round the coefficients in your equation to three decimal places. Use the result of to estimate Medicaid spending for the year 1994, assuming the trend continued.
Developing Knowledge
The process of acquiring new, or modifying existing, information, behaviors, skills, values, or preferences.
Confirmation Class
A type of communication that acknowledges the presence and value of an individual, supporting their self-esteem and fostering a positive interaction.
Intercultural Communication
Communication between or among people who have different cultural traditions.
Third Culture
Common ground established when people from separate cultures create a third, “new”, more comprehensive and inclusive culture.
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