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August 31, 2015

Homework Help: math

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

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 2020.

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

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