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Jan 25, 2021 | Mathematics - Precalculus | 0 comments
Jan 25, 2021 | Mathematics - Precalculus | 0 comments
Median Household Income: In 1980, median family income was about $18,000, and in 2000 it was about $42,000.
(a) Find the slope of the line passing through the points (1980, 18000) and (2000, 42,000).
(b) Interpret the slope as a rate of change.
(c) If this trend continues, estimate the median family income in 2005.
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