Jamal M.

asked • 04/18/13

In 1980, median family income was about $19,000, and in 2000 it was about $41,000.

(a*) Find the slope of the line passing through the points (1980,19000 and (2000,41000). M=?

(b*) Interpret as a rate of change. Choose the correct answer below.

 

 

(a) The median family increases by $1100 between 1980 and 2000.

(b) The median family income is decreasing at the rate of $1100 per year.

 

 

 

(c) The median family income is increasing at the rate of $1100 per year.

(d)  The median family decreases by $1100 between 1980 and 2000.

 

 

 

(c*) If this trend continues, estimate the median family income in 2002 will be what in dollars?

 

 

 

 

 

1 Expert Answer

By:

Still looking for help? Get the right answer, fast.

Ask a question for free

Get a free answer to a quick problem.
Most questions answered within 4 hours.

OR

Find an Online Tutor Now

Choose an expert and meet online. No packages or subscriptions, pay only for the time you need.