The following table shows a housing index that can be used to compare housing prices in different cities. Suppose you see a house valued at $160,000 in City A. Find the price of a comparable house in City H, City B, and City J. If you know the price of a particular home in your town, you can use the index to find the price of a comparable house in another town with the formula below. price price (other town) (your town) A comparable house in City H would cost about $ index (other town) index (your town) X City Index City Index City A 76 City F 43 City B 96 City G 76 City H City C City D 459 City J City E 353 City K 91 188 100 40
The following table shows a housing index that can be used to compare housing prices in different cities. Suppose you see a house valued at $160,000 in City A. Find the price of a comparable house in City H, City B, and City J. If you know the price of a particular home in your town, you can use the index to find the price of a comparable house in another town with the formula below. price price (other town) (your town) A comparable house in City H would cost about $ index (other town) index (your town) X City Index City Index City A 76 City F 43 City B 96 City G 76 City H City C City D 459 City J City E 353 City K 91 188 100 40
Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
6th Edition
ISBN:9781337111348
Author:Bruce Crauder, Benny Evans, Alan Noell
Publisher:Bruce Crauder, Benny Evans, Alan Noell
Chapter5: A Survey Of Other Common Functions
Section5.3: Modeling Data With Power Functions
Problem 6E: Urban Travel Times Population of cities and driving times are related, as shown in the accompanying...
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