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webassign.net Online HW for Online Lesson 5 1.2 EX.008 The following table shows

ID: 1150729 • Letter: W

Question

webassign.net Online HW for Online Lesson 5 1.2 EX.008 The following table shows the u.S. gross domestic product (GDP) G, in trillions of dollars, as a function of the year t. t Year G=GDP 2004 2010 2014 (trillions of dollars) | 11.87 | 14.66 | 17.42 OThe expression G(2004) is the gross dolnestic product in trillons of dolars, multiplied by 2004 The expression G(2004) is the year when the U.S. gross domestic product had a value of 14.66 trillion dollars. O The expression G(2004) is the average of G(2004) and G(2010). O The expression G(2004) is the U.S. gross domestic product in trillions of dollars in the year 2004 (a) Explain in practical terms what G(2004) means. Find G(2004). trillion (b) Use functional notation to express the gross domestic product in 2012, and estimate that value. (Round the estimated value to two decimal places.) trillion (c) what is the average yearly rate of change in G from 2010 to 2014? (Round your answer to two decimal places.) trillion (d) Use your answer from part (c) to predict the gross domestic product in the year 2023. (Round your answer to two decimal places.) trillion Need Help? eadn WachT to Tuter

Explanation / Answer

Q(a) ans : Option 4 : The expression G(2004) is the U.S. gross domestic product in trillions of dollars in the year 2004. Hence G(2004). = $ 11.87 trilion.

Q(b) ans : G(2012)= $ 16.04 trillion.

Q(c) ans : The average yearly rate of change in G from 2010 to 2014 is $ 0.69 trillion.

Q(d)ans : from the ans (c) predictions for gross domestic product in the year 2023 will be $23.63trillions that is G(2023)=$ 23.63 trillions.