random sample has been taken from a normal population and two confidence intervals constructed using exactly the same data. The
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Answer:
2019.
Step-by-step explanation:
We have been given that for the years from 2002 and projected to 2024, the national health care expenditures H, in billions of dollars, can be modeled by where t is the number of years past 2000.
To find the year in which national health care expenditures expected to reach $4.0 trillion (that is, $4,000 billion), we will substitute in our given formula and solve for t as:
Take natural log of both sides:
So in the 18.5 years after 2000 the expenditure will reach 4 trillion.
Therefore, in year 2019 national health care expenditures are expected to reach $4.0 trillion.