Evaluating and Solving Logarithmic Functions | |
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The Preston curve (Shown below) is an empirical cross-sectional relationship between life expectancy and real per capita income (GDP per capita). It uses the function to model the average life expectancy given a countries real per capita income (GDP per capita) . Use this function to answer the questions that follow. | |
Preston Curve![]() | |
Use the function to estimate the average life expectancy in a country with a real per capita income (GDP per capita) of $5,500. Round your answer to two decimal places In a country with a real per capita income (GDP per capita) of $5,500, the average life expectancy is years. | |
Use the function to estimate the real per capita income (GDP per capita) in a country whose average life expectancy is 67 years. Round your answer to two decimal places when In a country with an average life expectancy of 67 years, the real per capita income (GDP per capita) is estimated to be $. |