Q42.

Question

Use the table that shows the number of people below the poverty level for the period 1980-1998.

 42. Use your prediction equation to predict the number for 2010.         

Step-by-Step Solution

Verified
Answer

The number of people below the poverty level in 2010 are 44.5 million.

1Step-1 – Apply the concept of slope-intercept form

Equation of line in slope intercept form is expressed below.

y=mx+c

Where m is the slope and c is the intercept of y-axis.

2Step-2 – Apply the concept of slope

Consider the tabulated data for number of people below the poverty level for the period 1980-1998.

YearPeoplemillions198029.3198533.1199033.6199536.4199834.5

The ordered pairs that represent number of people in the given year are provided below.

Since, the years starts from 1980, so represent by 0 and next subsequent years are represented below.

0,29.3,5,33.1,10,33.6,15,36.4,18,34.5.

The slope m of a line passing through two points x1,y1 and x2,y2 is expressed below.

m=y2-y1x2-x1

Now, compute the slope of the line passing through the points 0,29.3 and 5,33.1.

m=33.129.350=3.85=0.76

Therefore, slope of the line passing through the points 0,29.3 and 5,33.1 s m=0.76.

3Step-3 –Express the equation in point-slope form

The equation in point-slope form is expressed as y-y1=mx-x1.

Where m is the slope and x1,y1 is the point through which the line passes.

Now, compute the equation of line with slope m=0.76 and passing through the point 0,29.3.

y29.3=0.76x0y29.3=0.76xy=0.76x+29.3

Recall that equation of line in slope intercept form is expressed as y=mx+c

Now, the equation is in the form y=mx+c. Here slope m of the line is 0.76 and intercept of y-axis c is 29.3.

Thus, the prediction equation is y=0.76x+29.3.

4Step-4–Find the population in 2010

Since, 1980 was the starting year, so 2010 is 20 years from 1980.

So, substitute x as 20 in the prediction equation.

y=0.7620+29.3y=44.5

Hence, the number people below the poverty in 2010 are 44.5 million.