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Sociology: Income Status A study estimated how a person’s social status (rated on a scal...

Sociology: Income Status A study estimated how a person’s social status (rated on a scale where 100 indicates the status of a college graduate) depended upon income. Based on this study, with an income of i thousand dollars, a person’s status is S(i) = 17.5(i - 1)0.53. Find and interpret your answer.

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