A study estimated how a person's social status (rated on a scale where 100 indicates the status of a college graduate) depended upon income. Based on this study, with an income of i thousand dollars,a person's status is S(i) = 17.5(i – 1)0.53.† Find S'(22). (Round your answer to two decimal places.)S'(22) =Interpret your answer.At an income of $22,000 social status increases by this amount per additional $1000 of income.At an income of $22,000 social status decreases by this amount per additional $1000 of income.At an income of $22,000 social status does not change.At an income of $22,000 social status increases by this amount per additional $100 of income.At an income of $22,000 social status decreases by this amount per additional $100 of income.

The status of a person at an income of i thousand dollars is S(i)=17.5(i-1)0.53

Answered: A study estimated how a person's social…

Calculus: Early Transcendentals

8th Edition

ISBN:9781285741550

Author:James Stewart

Publisher:James Stewart

Chapter1: Functions And Models

Section: Chapter Questions

Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...

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