On the basis of data from 1990 to 2006, the median income y in year...
60.1K
Verified Solution
Link Copied!
Question
Finance
On the basis of data from 1990 to 2006, the median income y in year for men and women is approximated by the equations given below, where x = 0 corresponds to 1990 and y is in constant 2006 dollars. If these equations remain valid in the future, in what year will the median income of men and women be the same? Men Women: -246x + 2y = 57,112 - 853x + 3y = 49,951 The median income of men and women will be the same in the year
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!