Poverty thresholds are determined by the U.S. Census Bureau. A poverty threshold represents the minimum annual household

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Poverty thresholds are determined by the U.S. Census Bureau. A poverty threshold represents the minimum annual household income for a family not to be considered poor. In 1998, the poverty threshold for a family of four with two children under the age of 18 years was $16,530. In 2008, the poverty threshold for a family of four with two children under the age of 18 years was $21,834.

Assuming poverty thresholds increase in a straight-line fashion, use the midpoint formula to estimate the poverty threshold of a family of four with two children under the age of 18 in 2003. How does your result compare to the actual poverty threshold in 2003 of $18,660?

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Precalculus

ISBN: 978-0321716835

9th edition

Authors: Michael Sullivan

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