Posted by toya on Wednesday, September 30, 2009 at 10:11am.
$25,000 - .5(25,000) - .1(25,000) = ?
11,250
In 1980 median family income was about 17000 and in 2000 it was about 43000
Find the slope of the line passing through the points 1980,17000 and 2000,43000
Interpret the slope as a rate of change. If it's trend continues estimate the Median family income in 2002
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