Suppose that average annual income (in dollars) for the years 1990 through 1999 is given
Chapter 4, Problem 121(choose chapter or problem)
Suppose that average annual income (in dollars) for the years 1990 through 1999 is given by the linear function: I(x) = 1,054x + 23,286, where x is the number of years after 1990. Which of the following interprets the slope in the context of the problem? a. As of 1990, average annual income was $23,286. b. In the ten-year period from 19901999, average annual income increased by a total of $1,054. c. Each year in the decade of the 1990s, average annual income increased by $1,054. d. Average annual income rose to a level of $23,286 by the end of 1999.
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