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April 23, 2014

April 23, 2014

Posted by **nay** on Friday, September 7, 2012 at 6:18pm.

Year 1940 1950 1960 1970 1980 1990 2000

Median Price($) $20,200 $39,900 $50,400 $62,800 $89,100 $98,700 $119,000

A. y = 1646.67x + 20,200; $151,900

B. y = 49.4x + 20,200; $119,000

C. y = 49.4x + 20,200; $151,900

D. y = 1646.67x + 20,200; $119,000

I chose D

- math -
**Steve**, Saturday, September 8, 2012 at 12:13pmsince the price went up by roughly 100,000 in 60 years, that's an average annual increase of about 1650, so choice would be A or D.

Add about 33000 to 119,000 and the choice is clearly A

Why did you pick D? The price was already 119,000 in 2000.

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