Problem 18
Question
Drivers The table gives the percentage of licensed drivers in 2006 who are females of at a specific age. Percentage of Licensed Drivers Who Are Female $$ \begin{array}{c|c} \begin{array}{c} \text { Age } \\ \text { (years) } \end{array} & \begin{array}{c} \text { Drivers } \\ \text { (percent) } \end{array} \\ \hline 16 & 0.6 \\ \hline 17 & 1.1 \\ \hline 18 & 1.4 \\ \hline 19 & 1.5 \\ \hline 20 & 1.6 \\ \hline 21 & 1.6 \end{array} $$ a. Find a quadratic model for the data. Round the coefficients in the equation to three decimal places. b. Use the algebraic method to develop the derivative formula for the rounded equation. c. Evalute the rate of change of the equation in part \(a\) when the input is 18 years of age. Interpret the result. d. Calculate the percentage rate of change in the number of female licensed drivers 18 years old. Interpret the result.
Step-by-Step Solution
VerifiedKey Concepts
Differentiation
To differentiate the quadratic function \( y = 0.018x^2 - 0.392x + 4.18 \), we apply the basic rules of differentiation. The power rule, one of the simplest rules, says that the derivative of \( ax^n \) is \( nax^{n-1} \).
- The derivative of \( 0.018x^2 \) is \( 2 \times 0.018x^{2-1} = 0.036x \).
- The derivative of \( -0.392x \) is simply \( -0.392 \), as the derivative of \( x \) is 1.
- The derivative of the constant \( 4.18 \) is 0, as constants have no rate of change.
Rate of Change
By substituting \( x = 18 \) into the derived formula \( y' = 0.036x - 0.392 \), we calculated the rate of change at age 18. The outcome \( y' = 0.256 \) indicates that for each additional year after age 18, the percentage of female drivers increases by approximately 0.256%.
This information is valuable as it tells us not just the direction of change—whether an increase or a decrease—but the magnitude too. Understanding the rate of change gives valuable insight into trends and potential forecasts in data analysis.
Least Squares Method
In this exercise, the least squares method was employed to derive the quadratic model \( y = 0.018x^2 - 0.392x + 4.18 \). This model represents the increase in the percentage of licensed female drivers as they age. The coefficients \( a = 0.018 \), \( b = -0.392 \), and \( c = 4.18 \) were calculated to minimize the residuals between the predicted and actual data points.
- "Residuals" are the differences between observed and estimated values.
- Minimizing these residuals ensures the model is optimal for representing the data.