Problem 25
Question
The number of wireless telephone subscribers (in millions) \(x\) years after 1995 is given by the polynomial \(0.52 x^{2}+11.4 x+27.87\) for 1995 through 2008\. Use this model to predict the number of wireless telephone subscribers in \(2012(x=17)\) (Source: Based on data from Cellular Telecommunications \& Internet Association)
Step-by-Step Solution
Verified Answer
371.95 million subscribers in 2012.
1Step 1: Understand the Problem
We are given a polynomial function that represents the number of wireless telephone subscribers (in millions) from the year 1995 to 2008. The function is \( f(x) = 0.52x^2 + 11.4x + 27.87 \), where \( x \) is the number of years after 1995. We need to use this model to predict the number of subscribers in 2012, which corresponds to \( x = 17 \), since 2012 is 17 years after 1995.
2Step 2: Substitute x=17 into the Polynomial Function
Substitute \( x = 17 \) into the equation \( f(x) = 0.52x^2 + 11.4x + 27.87 \). This allows us to calculate the number of subscribers in the year 2012: \[ f(17) = 0.52(17)^2 + 11.4(17) + 27.87 \].
3Step 3: Calculate the Squared Term
First, calculate \( 17^2 \), which is the squared term: \[ 17^2 = 289 \]. Then substitute this into the equation: \[ 0.52 \times 289 \].
4Step 4: Multiply and Simplify
Calculate \( 0.52 \times 289 = 150.28 \). Next, calculate \( 11.4 \times 17 = 193.8 \). Substitute these results back into the function: \[ f(17) = 150.28 + 193.8 + 27.87 \].
5Step 5: Add the Results
Add the calculated numbers together: \[ 150.28 + 193.8 + 27.87 = 371.95 \].
6Step 6: Conclusion
The number of wireless telephone subscribers predicted for the year 2012 is 371.95 million, according to the given polynomial model.
Key Concepts
Understanding the Substitution MethodThe Role of Mathematical ModelingPredictive Analysis with Polynomial Functions
Understanding the Substitution Method
In mathematics, the substitution method is a powerful tool for solving equations and predicting values in mathematical models. The core idea is to replace a variable with a specific number to find the outcome of a function. This technique is often used in polynomial functions.
Here's a quick breakdown of how to apply it:
Here's a quick breakdown of how to apply it:
- Select the equation you need to solve or evaluate. In our exercise, the polynomial function given is \( f(x) = 0.52x^2 + 11.4x + 27.87 \).
- Determine the value for the variable. In this problem, we need to predict for the year 2012, which means \( x = 17 \), because 2012 is 17 years after 1995.
- Substitute the selected value into the equation. Replace \( x \) with 17 in the function to calculate \( f(17) \).
- Simplify to solve. Calculate each part, as shown in steps, to find the final result. This involves arithmetic operations like squaring the number, multiplying, and adding.
The Role of Mathematical Modeling
Mathematical modeling serves as a framework for representing real-world phenomena through mathematical expressions and functions. This exercise illustrates how a polynomial function models the growth in wireless telephone subscribers from 1995 to 2008.
Why use mathematical models like a polynomial?
Why use mathematical models like a polynomial?
- They provide a simplified representation of complex systems.
- Models allow us to understand trends and forecast future events using historical data.
- They turn abstract concepts into concrete numbers, which can be analyzed and interpreted.
Predictive Analysis with Polynomial Functions
Predictive analysis is an application of mathematical tools to project future events and conditions based on historical data. Using polynomial functions for predictive analysis provides an understanding of potential trends and outcomes.
Here's how it works in the context of the exercise:
Here's how it works in the context of the exercise:
- We start with a polynomial function derived from historical subscriber data. This function captures the underlying trend over the years.
- By applying the substitution method, we can compute projections or predictions for years beyond the data range, such as 2012 in this scenario.
- Predictions can help businesses make informed strategic decisions by anticipating future demands or changes.
Other exercises in this chapter
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Multiply. $$ \left(x^{2}+0.5\right)^{2} $$
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