I need help in Interpret the following:

a. Y= .11+ .009X, where Y is the likelihood of sending children to college and X is family income in thousands of dollars. Remember: It is family income in thousands.

1. According to our model, how likely is a family with an income of

$100,000 to send their children to college?

2. What is the likelihood for a family with an income of $50,000?

3. What is the likelihood for a family with an income of $17,500?

4. Is there some logic to the estimates?

If you could help with the 4 questions that pertain to this formula would be awesome.