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
VerifiedThe number of people below the poverty level in 2010 are 44.5 million.
Equation of line in slope intercept form is expressed below.
Where m is the slope and c is the intercept of y-axis.
Consider the tabulated data for number of people below the poverty level for the period 1980-1998.
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.
.
The slope m of a line passing through two points and is expressed below.
Now, compute the slope of the line passing through the points .
Therefore, slope of the line passing through the points s .
The equation in point-slope form is expressed as .
Where m is the slope and is the point through which the line passes.
Now, compute the equation of line with slope and passing through the point .
Recall that equation of line in slope intercept form is expressed as
Now, the equation is in the form . Here slope m of the line is and intercept of y-axis c is .
Thus, the prediction equation is .
Since, 1980 was the starting year, so 2010 is 20 years from 1980.
So, substitute x as 20 in the prediction equation.
Hence, the number people below the poverty in 2010 are 44.5 million.