Graph of the Week 7 March 3 Analyze the graphs below and

Last updated: 3/8/2023

Graph of the Week 7 March 3 Analyze the graphs below and write a reflection on what you think the graph is communicating to you To guide you with your response start with some observations What is the topic of the graph What surprises you about the graph What do you wonder What are some observations that you can make based on the graph What do you foresee happening in the next 10 years Costs to Raise a Child in 2022 Estimated expenses to raise a child from birth to age 17 in the U S Housing Food CHM Came Education Tansportation Healthcare Clothing AN 18 52 343 Bend mamed couple with two children and an average 104 127 belove n 76 346 723 14 141 002 45 531 282 7 20 441 12 521 21 SALASS Total 292 017 Source US Department of Agriculture s Expenditures on Chlten by Familles 2015 30 000 Future costs of raising a child A new USDA report found that parents in each Income bracket will spend vastly different sums of money each year as their children grow from infance to age 17 This chart shows the estimated annual cost of raising a child bore 2015 for married parents in each income group 20 000 Questions to ask when reading graphs 10 000 Is there an upward or downward trendi Are there any sudden spikes in the graph What is being compared in the graph What prediction can I make for the future What inferences can I make about the graph 454 770 total for parents making more than 107 4 284 570 total for parents mak 50 200 to 10 212 300 tota for parents mal less than 50