QUESTION 5 An economist is studying the median yearly income of workers by their ages. 18 48 58 28 30,650 38 37,440 17,480 41,230 37,570 a. b. C. Age (yr) Median Income ($) 68 21,390 What function best models the data (linear, quadratic, exponential)? Write a function that models the data. Use your model to predit the median income for a worker who is 43 years old. Round to the nearest dollar.
QUESTION 5 An economist is studying the median yearly income of workers by their ages. 18 48 58 28 30,650 38 37,440 17,480 41,230 37,570 a. b. C. Age (yr) Median Income ($) 68 21,390 What function best models the data (linear, quadratic, exponential)? Write a function that models the data. Use your model to predit the median income for a worker who is 43 years old. Round to the nearest dollar.
Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
6th Edition
ISBN:9781337111348
Author:Bruce Crauder, Benny Evans, Alan Noell
Publisher:Bruce Crauder, Benny Evans, Alan Noell
Chapter3: Straight Lines And Linear Functions
Section3.3: Modeling Data With Linear Functions
Problem 16E: High School Graduates The following table shows the number, in millions, graduating from high school...
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