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The table below contains the average price paid for a new home in a certain area from 2000 to 2010. a. Construct a time-series plot of new home prices. b. What pattern, if any, is present in the data? Year Average Price S thousands) (puronound a. Construct a time-series plot of new home prices. Choose the correct graph below. O A. O B. 380 300- 220- 140**** 2000 2005 2010 Year Q 2000 351.1 C Price ($ thousands) 380 300- 220- 2001 330.5 140 2000 2005 2010 Year Q Q C 2002 310.5 b. What pattern, if any, is present in the data? OA. Home prices appear to be steady from 2000 to 2004 and increasing from 2004 to 2010. OB. Home prices appear to be decreasing from 2000 to 2006 and steady from 2006 to 2010. OC. Home prices appear to be increasing from 2000 to 2004 and decreasing from 2006 to 2010. OD. There is no pattern present in the data. 2003 296.7 2004 229.7 2005 182.3 2006 154.5 Q Q 2007 156.3 2008 154.7 O C. O D. 380- 380- 300 300- EM L 220- 220-1 140 2000 2005 2010 Year 140-> 2000 2005 2010 Year Q G 2009 154.5 2010 154.5

The table below contains the average price paid for a new home in a certain area from 2000 to 2010. a. Construct a time-series plot of new home prices. b. What pattern, if any, is present in the data? Year Average Price S thousands) (puronound a. Construct a time-series plot of new home prices. Choose the correct graph below. O A. O B. 380 300- 220- 140**** 2000 2005 2010 Year Q 2000 351.1 C Price ($ thousands) 380 300- 220- 2001 330.5 140 2000 2005 2010 Year Q Q C 2002 310.5 b. What pattern, if any, is present in the data? OA. Home prices appear to be steady from 2000 to 2004 and increasing from 2004 to 2010. OB. Home prices appear to be decreasing from 2000 to 2006 and steady from 2006 to 2010. OC. Home prices appear to be increasing from 2000 to 2004 and decreasing from 2006 to 2010. OD. There is no pattern present in the data. 2003 296.7 2004 229.7 2005 182.3 2006 154.5 Q Q 2007 156.3 2008 154.7 O C. O D. 380- 380- 300 300- EM L 220- 220-1 140 2000 2005 2010 Year 140-> 2000 2005 2010 Year Q G 2009 154.5 2010 154.5

Calculus For The Life Sciences
Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter7: Integration
Section7.CR: Chapter 7 Review
Problem 88CR
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The table below contains the average price paid for a new home in a certain area from 2000 to 2010.
a. Construct a​ time-series plot of new home prices.
b. What​ pattern, if​ any, is present in the​ data?
 
Year    Average_Price_($_thousands)
2000    351.1
2001    330.5
2002    310.5
2003    296.7
2004    229.7
2005    182.3
2006    154.5
2007    156.3
2008    154.7
2009    154.5
2010    154.5
The table below contains the average price paid for a new home in a certain area from 2000 to 2010. a. Construct a time-series plot of new home prices. b. What pattern, if any, is present in the data? Year Average Price ($ thousands) Price ($ thousands) a. Construct a time-series plot of new home prices. Choose the correct graph below. O A. O B. 380- 300- 220- 140 > 2010 2000 2005 Year זי་ Q Q 2000 351.1 ✔ Price ($ thousands) 2001 330.5 380- 300- Ⓒ220- 140 2000 2005 2010 Year Q 2002 310.5 b. What pattern, if any, is present in the data? O A. Home prices appear to be steady from 2000 to 2004 and increasing from 2004 to 2010. O B. Home prices appear to be decreasing from 2000 to 2006 and steady from 2006 to 2010. O C. Home prices appear to be increasing from 2000 to 2004 and decreasing from 2006 to 2010. O D. There is no pattern present in the data. 2003 296.7 ← O C. 2004 229.7 380- MM 300+ 220- 140+ 2000 2005 2010 Year 2005 182.3 Q Q 2006 154.5 2007 156.3 O D. Price ($ thousands) 380- 300- 220- 2008 154.7 140TT > 2005 2010 Year 2000 Q Q ✔ 2009 154.5 2010 154.5
Transcribed Image Text:The table below contains the average price paid for a new home in a certain area from 2000 to 2010. a. Construct a time-series plot of new home prices. b. What pattern, if any, is present in the data? Year Average Price ($ thousands) Price ($ thousands) a. Construct a time-series plot of new home prices. Choose the correct graph below. O A. O B. 380- 300- 220- 140 > 2010 2000 2005 Year זי་ Q Q 2000 351.1 ✔ Price ($ thousands) 2001 330.5 380- 300- Ⓒ220- 140 2000 2005 2010 Year Q 2002 310.5 b. What pattern, if any, is present in the data? O A. Home prices appear to be steady from 2000 to 2004 and increasing from 2004 to 2010. O B. Home prices appear to be decreasing from 2000 to 2006 and steady from 2006 to 2010. O C. Home prices appear to be increasing from 2000 to 2004 and decreasing from 2006 to 2010. O D. There is no pattern present in the data. 2003 296.7 ← O C. 2004 229.7 380- MM 300+ 220- 140+ 2000 2005 2010 Year 2005 182.3 Q Q 2006 154.5 2007 156.3 O D. Price ($ thousands) 380- 300- 220- 2008 154.7 140TT > 2005 2010 Year 2000 Q Q ✔ 2009 154.5 2010 154.5
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