Question

Several surveys in the United States and Europe have asked people to rate their happiness on a scale of 3 = "very happy," 2 = "fairly happy," and 1 = "not too happy," and then tried to correlate the answer with the person's income. For those in one income group (making $25,000 to $55,000) it was found that their "happiness" was approximately given by y = 0.065x − 0.613, where x is in thousands of dollars.† Find the reported "happiness" of a person with the following incomes (rounding your answers to one decimal place).

Answer 1

Answer:

Step-by-step explanation:

We have to find the reported happiness of person of family income of $25,000, $35,000 and $45,000

Given that the formula for finding relation between a people happiness and his income is

y = 0.065x - 0.613

a) find the happiness of person of family income os $25,000

we put x = 25 as in the equation above

$y=0.065(25)-0.613\\\\=1.625-0.613\\\\=1.02 \approx 1$

Hence, person happiness with with family income of $25,000 on a scale of 3 is y = 1

That means they come under catergory "not to happy"

b) Find the happiness of person of family income os $35,000

we put x = 35 as in the equation above

$y=0.065(35)-0.613\\\\=1.667-0.613\\\\=1.667 \approx 1.7$

Hence, person happiness with with family income of $35,000 on a scale of 3 is y = 1.7

That means they come under catergory "not to happy" and "fairly happy"

c) Find the happiness of person of family income os $45,000

we put x = 45 as in the equation above

$y=0.065(45)-0.613\\\\=2.925-0.613\\\\=2.312 \approx 2.3$

Hence, person happiness with with family income of $45,000 on a scale of 3 is y = 2.3

That means they come under catergory  "fairly happy"