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).

Respuesta :

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

[tex]y=0.065(25)-0.613\\\\=1.625-0.613\\\\=1.02 \approx 1[/tex]

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

[tex]y=0.065(35)-0.613\\\\=1.667-0.613\\\\=1.667 \approx 1.7[/tex]

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

[tex]y=0.065(45)-0.613\\\\=2.925-0.613\\\\=2.312 \approx 2.3[/tex]

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"

The scale would show the data as follows:

Happiness Scale at Income 25, 35, 45 & 55 thousand :

1.012 (Not too happy), 1.662 (Fairly Happy), 2.315 (Fairly Happy) , 2.965 (Very Happy)

Determine the scale

Important Information :

Relationship between happiness scale 'y' and income in 1000s 'x' :y = 0.065x − 0.613, for people in income group between [tex]25000 & 55000[/tex]

Happiness scale : At level of income, between 25 and 55 thousands.

Putting value of income 'x' to find scale of happiness i.e. 'y'

For income 'x' = 25 thousand : [tex]y = 0.065 (25) - 0.613 = 1.625 - 0.613 = 1.012[/tex] For income 'x' = 35 thousand : [tex]y = 0.065 (35) - 0.613 = 2.275 - 0.613 = 1.662[/tex]For income 'x' = 45 thousand : [tex]y = 0.065 (45) - 0.613 = 2.925 - 0.61 = 2.315[/tex] For income 'x' = 55 thousand :[tex]y = 0.065 (55) - 0.613 = 3.575 - 0.61 = 2.965[/tex]

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