Average annual premiums for employer-sponsored family health insurance policies more than doubled over 11 years. The...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Average annual premiums for employer-sponsored family health insurance policies more than doubled over 11 years. The bar graph shows the average cost of a family health insurance plan in the United States for six selected years from 2000 through 2011. Average Cost $18,000 $15,000 $12,000 $9000 $6000 $3000 $6438 Average Cost of a Family Health Insurance Plan $8003 39950 $11,480 Source: Kaiser Family Foundation $12.680 $15.073 2000 2002 2004 2006 2008 2011 Year 2500 The data can be modelled by f(x) = (840+) x + 6438 and g(x) = 6480 + 3 years after 2000. In which year do the two models have the same prediction? -√√6x.x Average annual premiums for employer-sponsored family health insurance policies more than doubled over 11 years. The bar graph shows the average cost of a family health insurance plan in the United States for six selected years from 2000 through 2011. Average Cost $18,000 $15,000 $12,000 $9000 $6000 $3000 $6438 Average Cost of a Family Health Insurance Plan $8003 39950 $11,480 Source: Kaiser Family Foundation $12.680 $15.073 2000 2002 2004 2006 2008 2011 Year 2500 The data can be modelled by f(x) = (840+) x + 6438 and g(x) = 6480 + 3 years after 2000. In which year do the two models have the same prediction? -√√6x.x
Expert Answer:
Related Book For
Posted Date:
Students also viewed these mathematics questions
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
The Internal Revenue Service (IRS) standard mileage rate is a way of computing an automobile expense deduction on a tax return. Mileage rates for businesses are provided in Table 36 for various...
-
The following line graph shows the total number of Olympic medals awarded during the Summer Olympics since 1992. Use this graph to answer below Exercises. 1. Approximate the number of medals awarded...
-
Has the availability of shelf registrations reduced the importance of private placements? Why?
-
For Bruno Company, the relevant range of production is 4080% of capacity. At 40% of capacity, a variable cost is $4,000 and a fixed cost is $6,000. Diagram the behavior of each cost within the...
-
Calorific value is measured in: (a) Kilo Joule (b) Kilograms (c) Kilo Joule per \(\mathrm{Kg}\) (d) Kilometre
-
Show that the variance of a factorial effect in a $2^{k}$ design with $m$ replications is \[\frac{4 \sigma^{2}}{N}\] where $N=m \cdot 2^{k}$ and $\sigma^{2}$ is the variance of each outcome.
-
Assume the same information as E14-9 and that Steffi Graf Inc. reports net income in 2008 of $120,000 and in 2009 of $140,000. Total holding gains (including any realized holding gain or loss)...
-
Required Information [The following Information applies to the questions displayed below.] Simon Company's year-end balance sheets follow. At December 31 Assets Current Year 1 Year Ago 2 Years Ago...
-
Three entrepreneurs were looking to start a new brewpub near Sacramento, California, called Roseville Brewing Company (RBC). Brewpubs provide two products to customersfood from the restaurant segment...
-
How can we group chromatography depending on the mechanism by which the solutes held in a column? Briefly explain each of them.
-
A tax planning activity for February would be to check to see if you have received all of your W-2 forms (salary and wages) and all of your forms (interest and dividends) so you can begin to organize...
-
In an organisation, a small percentage of employees will be unwilling or unable to achieve a satisfactory level of performance or abide by the rules of conduct within the organisation. Performance...
-
1. What are the basic differences between insurance premiums and taxes as sources of medical care financing? 2. Why is obesity such a problem in so many countries worldwide? 3. Why is it so difficult...
-
One of the key distinctions made in the analysis of the Solow growth model is between changes in levels and changes in growth rates. How does an increase in the saving rate change the steady-state...
-
4d. For some given market, let market demand be given by: Q = 100 - P. Average and marginal costs are constant and 50 per unit of output. Suppose there is a single seller that can invest in...
-
The entropy (S) of a thermodynamics system is give in terms of its internal energy (U) and volume (V) by S=CU /4/4, where cis constant. The equation of state of the system is given by O 3PV = 2U O4PV...
-
Represent each of the following combination of units in the correct SI form using an appropriate prefix: (a) m/ms, (b) k m, (c) k s /mg, and (d) k m N.
-
In 2012, there were 11,434 commercial radio stations in the United States. The most popular formats are listed in the table along with their counts. Use this graph to answer following Exercises. 1....
-
Remember to insert units when writing your answers. For following Exercises, complete the chart. 1. 2. Tons Pounds Object Ounces Statue of Liberty-weight of copper sheeting 100 Statue of...
-
A banker learned that $842.40 is withheld from his monthly check for taxes and insurance. If this represents 18% of his total pay, find the total pay.
-
The Sun contains what percentage of the solar systems mass? (a) about 35% (b) 85% (c) the percentage varies over time (d) over 99%
-
Each second, the burning Suns mass (a) increases. (b) remains unchanged. (c) decreases.
-
The nebular theory is based on the observation that the solar system (a) follows patterns indicating that it formed progressively from physical processes. (b) has a structure much like an atom. (c)...
Study smarter with the SolutionInn App