The median home value in Texas and Missouri (adjusted for inflation) are shown below. Year Texas Missouri 1950 35200 2000 82500 38800 89900 If we assume that the house values are changing linearly, a) In which state have home values increased at a higher rate? [Select an answer b) If these trends were to continue, what would be the median home value in Texas in 2010? S c) If we assume the linear trend existed before 1950 and continues after 2000, the two states' median house values will be (or were) equal in what year? (The answer might be absurd) The year
The median home value in Texas and Missouri (adjusted for inflation) are shown below. Year Texas Missouri 1950 35200 2000 82500 38800 89900 If we assume that the house values are changing linearly, a) In which state have home values increased at a higher rate? [Select an answer b) If these trends were to continue, what would be the median home value in Texas in 2010? S c) If we assume the linear trend existed before 1950 and continues after 2000, the two states' median house values will be (or were) equal in what year? (The answer might be absurd) The year
Chapter4: Linear Functions
Section4.3: Fitting Linear Models To Data
Problem 24SE: Table 6 shows the year and the number ofpeople unemployed in a particular city for several years....
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