Chapter 9: Problem 6
Find \(P_{k+1}\) for the given \(P_{k}\). $$P_{k}=\frac{1}{2(k+2)}$$
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Chapter 9: Problem 6
Find \(P_{k+1}\) for the given \(P_{k}\). $$P_{k}=\frac{1}{2(k+2)}$$
These are the key concepts you need to understand to accurately answer the question.
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In the Massachusetts Mass Cash game, a player randomly chooses five distinct numbers from 1 to \(35 .\) In how many ways can a player select the five numbers?
The table shows the average prices \(f(t)\) (in cents per kilowatt hour) of residential electricity in the United States from 2003 through 2010 . (Source: U.S. Energy Information Administration ).$$\begin{array}{|c|c|}\hline \text { Year } & \text { Abcrage Poids }(10) \\\\\hline 2003 & 8.72 \\\2004 & 8.95 \\\2005 & 9.45 \\\2006 & 10.40 \\\2007 & 10.65 \\\2008 & 11.26 \\\2009 & 11.51 \\\2010 & 11.58 \\\\\hline\end{array}$$.(a) Use the regression feature of a graphing utility to find a cubic model for the data. Let \(t\) represent the year, with \(t=3\) corresponding to 2003 (b) Use the graphing utility to plot the data and the model in the same viewing window. (c) You want to adjust the model so that \(t=3\) corresponds to 2008 rather than \(2003 .\) To do this, you shift the graph of \(f\) five units to the left to obtain \(g(t)=f(t+5) .\) Use binomial coefficients to write \(g(t)\) in standard form. (d) Use the graphing utility to graph \(g\) in the same viewing window as \(f\) (e) Use both models to predict the average price in \(2011 .\) Do you obtain the same answer? (f) Do your answers to part (e) seem reasonable? Explain. (g) What factors do you think may have contributed to the change in the average price?
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