Question

PART B The percentage of American adults with an annual income of thousand dollars who watch cable television can be modeled
40 points total 7) At what income level do 60% of Americans watch cable television? a) Find this algebraically using the equa
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Answer #1

Here the function p is diffrentiable. So it is continues. Let us draw it on a white paper.
1)
2) Inspecting the graph, we have the fact that p is increasing from point to point. Note that the function pocess a positive slope at any point.

3) The function takes a positive value for the income ( None of us a have negative income) and it could be zero. Again we can not properly find an upper limit of someone's income. So we have to analyse this function upto infinity.
Hence the domain is [0,∞)

4) By the defenition of the function, the least possible value of acceptance is 45.37. Let x be a number grater than 45.37. Set x=p=4.71\sqrt{I}+45.37
Then 4.71\sqrt{I}=x-45.37
That is, \sqrt{I} =(x-45.37 )/4.71, positive. Then I is the positive squareroot of this positive value.

That is p takes all the values grater than 45.37. Hence the range is [45.37,100]

5) In this case the p-intercept is 45.37 at I=0 ( Found from inspecting the graph). In this scenario, it means that, 45.37% of people watch cable television even if they have no income.

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