Median household income for African Americans in one region increased in recent years, as shown in the data table. Write an equation for median household income and find approximate income for 1999. Median Household Income for African Americans |1993 1994 1995 Year Household Income 1996 1997 $21,730522,385523,463 524,738 $25.280 Letting x= 3 represent 1993, what is the least-squares regression line that models the data? y x+O (Type integers or decimals rounded to the nearest tenth as needed.) If the trend continued, what would be the approximate income in 1999? The approximate income was S

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Median household income for African Americans in one region increased in recent years, as shown in the data table. Write an
equation for median household income and find approximate income for 1999.
Median Household Income for African Americans
1993 1994 1995
Year
Household
Income
1996
1997
$21,730522,385 523,463 $24,738 $25,280
Letting x = 3 represent 1993, what is the least-squares regression line that models the data?
y=x+O
(Type integers or decimals rounded to the nearest tenth as needed.)
If the trend continued, what would be the approximate income in 1999?
The approximate income was
Transcribed Image Text:Median household income for African Americans in one region increased in recent years, as shown in the data table. Write an equation for median household income and find approximate income for 1999. Median Household Income for African Americans 1993 1994 1995 Year Household Income 1996 1997 $21,730522,385 523,463 $24,738 $25,280 Letting x = 3 represent 1993, what is the least-squares regression line that models the data? y=x+O (Type integers or decimals rounded to the nearest tenth as needed.) If the trend continued, what would be the approximate income in 1999? The approximate income was
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