Answered step by step
Verified Expert Solution
Question
1 Approved Answer
4. The following table indicates a number of households (in thousands) with a total income under $20,000 or over $100,000. 2014 2015 2017 2018 2019
4. The following table indicates a number of households (in thousands) with a total income under $20,000 or over $100,000. 2014 2015 2017 2018 2019 Under $20,000 625.03 591.76 595.05 586.30 566.98 Over $100,000 1,248.48 1,409.19 1.538.54 1,635.93 1,803.71 a. Use Desmos, Excel or Curve Expert to help you model each of the two income segments with an appropriate function. (state the polynomial equation that models this data and yields a strong r - value). b. Which segment of the population is changing more quickly in 2015? c. Are the results in this table sufficient to show that poverty is decreasing? What additional information would you like to know in order to make your conclusions
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started