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On the basis of data from 1990 to 2006, the median income y in year x 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: -231x+2y=60,623 - 830x + 3y = 49,894 The median income of men and women will be the same in the year

On the basis of data from 1990 to 2006, the median income y in year x 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: -231x+2y=60,623 - 830x + 3y = 49,894 The median income of men and women will be the same in the year

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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On the basis of data from 1990 to 2006, the median income y in year x 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: -231x+2y=60,623 - 830x + 3y = 49,894 The median income of men and women will be the same in the year
Transcribed Image Text:On the basis of data from 1990 to 2006, the median income y in year x 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: -231x+2y=60,623 - 830x + 3y = 49,894 The median income of men and women will be the same in the year
Expert Solution
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To find the year in which the median income of men and women will be the same, we can set the two equations equal to each other and solve for x:

231x + 2y = 60,623

830x + 3y = 49,894

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