Got Homework?
Connect with other students for help. It's a free community.
Here's the question you clicked on:
 0 viewing
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
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

This Question is Closed

kropot72Best 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
See more questions >>>
Your question is ready. Sign up for free to start getting answers.
spraguer
(Moderator)
5
→ View Detailed Profile
is replying to Can someone tell me what button the professor is hitting...
23
 Teamwork 19 Teammate
 Problem Solving 19 Hero
 Engagement 19 Mad Hatter
 You have blocked this person.
 ✔ You're a fan Checking fan status...
Thanks for being so helpful in mathematics. If you are getting quality help, make sure you spread the word about OpenStudy.