56) The table shows the median home prices in Florida. Florida Median Home Prices Year 1940 1950 1960 1970 1980 1990 2000 Median 23,100 40,100 58,100 57,600 89,300 98,500 105,500 Price ($) a) Build a model (linear, quadratic, or polynomial?). b) Write an explanation for the rate of change. c) When would you predict that the median home price would be $115,000?
56) The table shows the median home prices in Florida. Florida Median Home Prices Year 1940 1950 1960 1970 1980 1990 2000 Median 23,100 40,100 58,100 57,600 89,300 98,500 105,500 Price ($) a) Build a model (linear, quadratic, or polynomial?). b) Write an explanation for the rate of change. c) When would you predict that the median home price would be $115,000?
College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter2: Functions
Section2.4: Average Rate Of Change Of A Function
Problem 33E: DVD Player sales The table shows the number of DVD play-ers sold in a small electronics store in the...
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a) Build a model (linear, quadratic, or polynomial?).
b) Write an explanation for the rate of change.
c) When would you predict that the median home price would be $115,000?
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