Q19.

Question

For exercise 19 and 20, use the table that shows the percent of people age 25 and over with a high school diploma over the last few decades.


19. Use a prediction equation to predict the percent in 2010.

Step-by-Step Solution

Verified
Answer

The model predicts that  96.1% of people will have a high school diploma in 2010.

1Step-1 – Determine the points.

Consider Year as x coordinate and Percent as y coordinates

Use the points (1975,62.5)and(1995,81.7) to determine the equation of the line.

2Step-2 – Determine the equation.

The point slope form is y-y1=y2-y1x2-x1(x-x1)

 

Substitute (x1y1)=(1975,62.5)and(x2y2)=(1995,81.7) into the above formula.

y62.5=81.762.519951975(x1975)y62.5=19.220(x1975)y62.5=0.96(x1975)y62.5=0.96x1896y=0.96x1833.5

3Step-3 – Model prediction.

We need to predict the percent in 2010.

Put 2010 for x into the equation y=0.96x-1833.5.

y=0.96(2010)1833.5y=1929.61833.5y=96.1

The model predicts that  96.1% of people will have a high school diploma in 2010.