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 2020.


Year

1940

1950

1960

1970

1980

1990

2000

Median Price($)

$20,200

$39,900

$50,400

$62,800

$89,100

$98,700

$119,000

Ay = 1646.67x + 20,200; $151,900

By = 49.4x + 20,200; $119,000

Cy = 49.4x + 20,200; $151,900

Dy = 1646.67x + 20,200; $119,000