The table shows the Gross Domestic Product, or GDP (in trillions of dollars), for selected years. (a)
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The table shows the Gross Domestic Product, or GDP (in trillions of dollars), for selected years.
(a) Use the regression capabilities of a graphing utility to find a mathematical model of the form y = at2 + bt + c for the data. In the model, y represents the GDP (in trillions of dollars) and t represents the year, with t = 0 corresponding to 1980.
(b) Use a graphing utility to plot the data and graph the model. Compare the data with the model.
(c) Use the model to predict the GDP in the year 2020.
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