Question
The annual average income y of an American man with an associates degree is given by the linear equation y = 1983x + 42,972, where
The annual average income y of an American man with an associate’s degree is given by the linear equation y = 1983x + 42,972, where x is the number of years after 1999. What does the slope of the equation represent?
(Source: Based on data from U.S. Bureau of the Census, 1999-2004).
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