[Solution Library] Tangent line approximation Write an equation for the tangent line to the graph of u(t) at t = 1990. Using the tangent line predict the
Question: Tangent line approximation
- Write an equation for the tangent line to the graph of u(t) at t = 1990. Using the tangent line predict the value of u(t) at t = 1991, t = 1992, t=1995, and t = 2000.. Compare your approximation with the actual value in the table 1. Explain the limitation of the approximation.
- Write an equation for the tangent line to the graph of u(t) at t = 1992. Using the tangent line predict the value of u(t) at t =1993, t = 1994, t = 2000. Compare your approximation with the actual value in the table 1. Explain the limitation of the approximation.
c. Make an approximation of unemployment rate at year 2006 with tangent line to the graph of u(t) at t =2005. Explain how reliable your approximation is.
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