The accompanying table shows the number of millionaires (in thousands) and the population (in hundreds of thousands) for 10 states. Complete parts a through e State Millionaires Population 1 86 34 2 17 9 3 23 13 4 139 63 5 26 12 6 206 88 7 370 193 8 229 125 9 20 11 10 10 5 1. Find the value of the slope and explain what it means in context. Be careful with the units. The slope is ______? This slope indicates that for every increase of one hundred thousand in population, the number of millionaires will increase, on average, by ______thousand.
The accompanying table shows the number of millionaires (in thousands) and the population (in hundreds of thousands) for 10 states. Complete parts a through e State Millionaires Population 1 86 34 2 17 9 3 23 13 4 139 63 5 26 12 6 206 88 7 370 193 8 229 125 9 20 11 10 10 5 1. Find the value of the slope and explain what it means in context. Be careful with the units. The slope is ______? This slope indicates that for every increase of one hundred thousand in population, the number of millionaires will increase, on average, by ______thousand.
Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter8: Introduction To Functions
Section8.3: Slope Of A Line
Problem 27WE
Related questions
Question
The accompanying table shows the number of millionaires (in thousands) and the population (in hundreds of thousands) for 10 states. Complete parts a through e
|
State
|
Millionaires
|
Population
|
|
|||
|---|---|---|---|---|---|---|
|
1
|
|
86
|
|
34
|
|
|
|
2
|
|
17
|
|
9
|
|
|
|
3
|
|
23
|
|
13
|
|
|
|
4
|
|
139
|
|
63
|
|
|
|
5
|
|
26
|
|
12
|
|
|
|
6
|
|
206
|
|
88
|
|
|
|
7
|
|
370
|
|
193
|
|
|
|
8
|
|
229
|
|
125
|
|
|
|
9
|
|
20
|
|
11
|
|
|
|
10
|
|
10
|
|
5
|
1. Find the value of the slope and explain what it means in context. Be careful with the units. The slope is ______?
This slope indicates that for every increase of one hundred thousand in population, the number of millionaires will increase, on average, by ______thousand.
(Round to four decimal places as needed.)
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 1 images
Recommended textbooks for you
Algebra: Structure And Method, Book 1
Algebra
ISBN:
9780395977224
Author:
Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:
McDougal Littell
Elementary Geometry For College Students, 7e
Geometry
ISBN:
9781337614085
Author:
Alexander, Daniel C.; Koeberlein, Geralyn M.
Publisher:
Cengage,
Mathematics For Machine Technology
Advanced Math
ISBN:
9781337798310
Author:
Peterson, John.
Publisher:
Cengage Learning,
Algebra: Structure And Method, Book 1
Algebra
ISBN:
9780395977224
Author:
Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:
McDougal Littell
Elementary Geometry For College Students, 7e
Geometry
ISBN:
9781337614085
Author:
Alexander, Daniel C.; Koeberlein, Geralyn M.
Publisher:
Cengage,
Mathematics For Machine Technology
Advanced Math
ISBN:
9781337798310
Author:
Peterson, John.
Publisher:
Cengage Learning,
Holt Mcdougal Larson Pre-algebra: Student Edition…
Algebra
ISBN:
9780547587776
Author:
HOLT MCDOUGAL
Publisher:
HOLT MCDOUGAL
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage