dev4ictoracar
Answered

The table shows the median home prices in Florida. What is the equation of a trend line that models a relationship between time and home prices? Use the equation to predict the median home price in 2040


YEAR- 1940 MEDIAN PRICE($)-$23,800

YEAR- 1950 MEDIAN PRICE($)-$40,900

YEAR- 1960 MEDIAN PRICE($)-$58,000

YEAR- 1970 MEDIAN PRICE($)-$57,400

YEAR- 1980 MEDIAN PRICE($)-$82,400

YEAR- 1990 MEDIAN PRICE($)-$100,700

YEAR- 2000 MEDIAN PRICE($)-$113,100


A.) y = 44.65x + 23,800; $172,600

B.) y = 44.65x + 23,800; $142,900

C.) y = 1488.33x + 23,800; $142,900

D.) y = 1488.33x + 23,800; $172,600

Verified Answer :

meerkat18

In your question above where there is a table that shows the trends of median prices of home in florida over the period of time and the ask of the question is to give or to choose which of the following choices is the equation of the relationship between the time and the home price and i think the answer is D.

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