Present data in the form of tables. For each data set shown by the table, a. Create a scatter plot for the data. b. Use the scatter plot to determine whether an exponential function, a logarithmic function, or a linear function is the best choice for modeling the data. (If applicable, in Exercise 51 you will use your graphing utility to obtain these functions.)
Savings Needed for Health-Care Expenses During Retirement \begin{tabular}{c|c}
\hline Age at Death & Savings Needed \\
\hline 80 & $\$ 219,000$ \\
\hline 85 & $\$ 307,000$ \\
\hline 90 & $\$ 409,000$ \\
\hline 95 & $\$ 524,000$ \\
\hline 100 & $\$ 656,000$ \\
\hline
\end{tabular}
Exponential and Logarithmic Functions
Exponential Growth and Decay; Modeling…