The vertex of the quadratic equation is (-5, - 28). In vertex form, y = a(x - h)2<span> + </span><span>k, (h, k) is the vertex of the equation.</span>
Answer:
5/8
Step-by-step explanation:
3/4 - 1/8
We need to get a common denominator
3/4 *2/2 = 6/8
6/8 - 1/8
5/8
The linear equation that is asked from the problem takes the
form of:
y = m x + b
where,
y = the median salary
x = the number of years
m = the slope of equation
b = y-intercept
The slope of the equation (m) can be calculated using the
formula:
m = (y2 – y1) / (x2 – x1)
m = (1326720 – 441300) / (2008 – 2000)
m = 110,677.5
The y-intercept is then obtained by using any of the data
pair:
441300 = 110677.5 (2000) + b
b = -220913700
Therefore the complete equation is:
y = 110677.5 x – 220913700
The median salary in 2016 is therefore:
y = 110677.5 (2016) – 220913700
y = $2,212,140
Answer:
$2,212,140