What graphical methods would be useful in displaying the data?Graph the data.Write a short paragraph describing the data. Median Family income has grown substantially in the recent years.PercentPercentYearsIncomeChangeYearsIncomeChange200011,500.00201117,982.05200111,845.00201218,341.69200212,437.25201318,525.101200312,934.744201419,080.86200414,228.2110201519,844.094200515,366.47201621,630.06200616,288.466.201722,711.56200716,777.112018 24,982.7210200817,112.662019 25,732.20200917,283.78202027,018.81201017,629.462202128,639.942.3.3.3.2.1,

The following data is given: Years Income Percentage change 2000 11500 - 2001 11845 3 2002…

Answered: What graphical methods would be useful…

What graphical methods would be useful in displaying the data? Graph the data. Write a short paragraph describing the data.

College Algebra (MindTap Course List)

12th Edition

ISBN:9781305652231

Author:R. David Gustafson, Jeff Hughes

Publisher:R. David Gustafson, Jeff Hughes

Chapter8: Sequences, Series, And Probability

Section8.CR: Chapter Review

Problem 37E: Find the positive geometric mean between 4 and 64.

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Question

100%

What graphical methods would be useful in displaying the data?
Graph the data.
Write a short paragraph describing the data.

Median Family income has grown substantially in the recent years.
Percent
Percent
Years
Income
Change
Years
Income
Change
2000
11,500.00
2011
17,982.05
2001
11,845.00
2012
18,341.69
2002
12,437.25
2013
18,525.10
1
2003
12,934.74
4
2014
19,080.86
2004
14,228.21
10
2015
19,844.09
4
2005
15,366.47
2016
21,630.06
2006
16,288.46
6.
2017
22,711.56
2007
16,777.11
2018 24,982.72
10
2008
17,112.66
2019 25,732.20
2009
17,283.78
2020
27,018.81
2010
17,629.46
2
2021
28,639.94
2.
3.
3.
3.
2.
1,

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