Question:
Suppose that average annual income (in dollars) for the
Last updated: 7/13/2022
Suppose that average annual income (in dollars) for the years 1990 through 1999 is given by the linear function: I(x) = 1054x + 23,286 where is the number of years after 1990. Which of the following interprets the slope in the context of the problem? Select the correct answer below: In 1990, average annual income was $1,054. In the ten-year period from 1990 to 1999, average annual income increased by a total of $23,286. O Each year in the decade of the 1990s, average annual income increased by $1,054. O Average annual income rose to a level of $23,286 by the end of 1999.