Question 21 (1 point)
The chart below shows Medicaid spending in Virginia in billions of dollars for the year 2000 (let
this be Year 0), 2002, 2004, 2006, and 2008.
Year
6
02 4
Spending 3.10 3.36 3.46 3.56
Use your TI graphing calculator to find the regression equation for the line of best fit for the
relationship between time and money spent. Use this regression equation to predict the
Medicaid spending in Virginia for 2019. To the nearest million, the prediction is
$487,000,000
$232,000,000
$5,166,000,000
$4,983,500,000
$5,210,500,000