1. Use the data given to solve the following problems. Savings needed for Health-Care Expenses During Retirement Age at Death Savings Needed 80 $219,000 85 $307,000 90 $409,000 95 $524,000 100...


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1. Use the data given to solve the following problems.<br>Savings needed for Health-Care Expenses During Retirement<br>Age at Death<br>Savings Needed<br>80<br>$219,000<br>85<br>$307,000<br>90<br>$409,000<br>95<br>$524,000<br>100<br>$656,000<br>Source: Employee Benefit Research Institute<br>a.) Use a graphing calculator or Desmos to create a scatterplot of the data. Upload an<br>image of that<br>b.) Use the graphing utility's regression option to compare the following models: y=ab

Extracted text: 1. Use the data given to solve the following problems. Savings needed for Health-Care Expenses During Retirement Age at Death Savings Needed 80 $219,000 85 $307,000 90 $409,000 95 $524,000 100 $656,000 Source: Employee Benefit Research Institute a.) Use a graphing calculator or Desmos to create a scatterplot of the data. Upload an image of that b.) Use the graphing utility's regression option to compare the following models: y=ab", y= a + blnx, y= ax+b, and y = axb. Submit a sketch or image of each. c.) Discuss how each of the regression curves in part b fit the data by looking at the correlation constant r. d.) Use the model (equation) with the best correlation constant, r from part c and predict by which year the population will reach 315 million.

Jun 09, 2022
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