1.)Estimate the equation of the line.
2.)Use the slope of the line in a meaningful sentence or two.
3.)What observations can you interpret from the graph?
4.)A recent survey found that in a particular city of all poor children born in 1980, 11,500 enrolled in college, and 1024 graduated from college by age 24. Scale this rate to 100.
5.)From the information in the article, in a town consisting of 2,300 rich students born in 1980, how many would you expect to graduate college by the age of 24? Use the 95th percent income percentile as constituting rich (note: what % of children attend college based upon the parents 95th income percentile). Scale this rate to 100.
6.)From a random sample: Out 1,000 rich kids born in 1980, how many will attend college and how many will graduate from college by the age of 24?
Extracted text: How Family Income Predicts Children's College Chances 100 SSO 70 60 50 4O 30 20 10 20th 60th 7oth 50th Parent's Income Percentile 1st 10th 30th 40th 80th 90th 10Oth