Median Household Income. Data on the median household income in the United States (adjusted for inflation) are listed in the following table. Model the data with a linear function, estimate the median household income in 2009, and predict the median household income in 2017. Answers may vary depending on the data points used.
year, x |
median household income in the United States |
| ||
2006, 0 | $54,892 |
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2008, 2 | 53,644 |
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| 2010, 4 | 51,893 | ||
2012, 6 | 51,017 |
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Source: U.S. Census Bureau
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