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Finance The accompanying table gives the median household income (in thousands of dollars) for men living without a spouse (this means that 50% of males earn more than the median and 50% earn less than that amount) for various years:
Year | 1980 | 1990 | 1995 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 |
Income | 17.5 | 29.0 | 30.4 | 33.0 | 35.7 | 37.3 | 37.7 | 36.6 | 37.7 | 38.0 | 40.3 | 41.1 |
(a) Find a linear model for these data, with x = 0 corresponding to 1980.
(b) Interpret the meaning of the slope.
(c) If the model remains accurate in the future, what will be the median household income for men living without a spouse in 2010?
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