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 Arkansas in 2010? 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

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OHM
The median home value in Arkansas and South Carolina (adjusted for inflation) are shown below.
Year
Arkansas
South Carollna
1950
24800
31000
2000
72800
94900
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 Arkansas in 2010?
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
Question Help: DVideo Message instructor
Submit Question
TOU SIould p
otion. M
AR8-877-0450
etv 4
W
<>
Transcribed Image Text:OHM The median home value in Arkansas and South Carolina (adjusted for inflation) are shown below. Year Arkansas South Carollna 1950 24800 31000 2000 72800 94900 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 Arkansas in 2010? 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 Question Help: DVideo Message instructor Submit Question TOU SIould p otion. M AR8-877-0450 etv 4 W <>
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