Question

Predict the median income of a region in which 20% of adults 25 years and older have a least a bachelors degree

Answer 1

"$28766" is the right answer.

Explanation:

It seems that the given problem is incomplete. Find below the attachment of the complete question.

According to the question:

`\hat{p_1}=779.6` (positive value)

x = 20%

Now,

The median income will be:

⇒
`\hat{y}=779.6x+13174`

On putting the values, we get

⇒
`=779.6(20)+13,174`

⇒
`=15592+13174`

⇒
`=28766`