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ihavemathquestions
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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.
 one year ago
 one year ago
ihavemathquestions Group Title
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.
 one year ago
 one year ago

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ihavemathquestions Group TitleBest ResponseYou've already chosen the best response.0
 one year ago

kropot72 Group TitleBest ResponseYou've already chosen the best response.0
If you subtract the median price in 1940 ($23,800) from the median price in 2000 ($113,100) and divide the result by 6 (the number of decades between 1940 and 200) you will have the value of the coefficient of x in the equation of the required trend line. \[coefficient \ of\ x=\frac{11310023800}{6}=you\ can\ calculate\] Then you can find the correct equation in the choices.
 one year ago
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