Question: According to the U.S. Census Bureau, the relation between the average annual earnings of males and females with various levels of educational attainment can be
According to the U.S. Census Bureau, the relation between the average annual earnings of males and females with various levels of educational attainment can be modeled by the function
F = 0.78M - 1.316
where M and F represent the average annual earnings (in thousands of dollars) of males and females, respectively.
(a) Viewing F as a function of M, what is the slope of the graph of this function?
(b) Interpret the slope as a rate of change.
(c) When the average annual earnings for males reach $60,000, what does the equation predict for the average annual earnings for females?
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