The median home value in Nebraska and Massachusetts (adjusted for inflation) are shown below: Year Nebraska Massachusetts 1950 35900 55400 2000 88000 185700 If we assume that the house values are changing linearly, a) In which state have home values increased at a higher rate? Massachusetts b) If these trends were to continue, what would be the median home value in Nebraska in 2010? S 98120 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 2012

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
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Section: Chapter Questions
Problem 12.3P
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The median home value in Nebraska and Massachusetts (adjusted for inflation) are shown below:
Year
Nebraska
Massachusetts
1950
35900
55400
2000
88000
185700
If we assume that the house values are changing linearly,
a) In which state have home values increased at a higher rate? Massachusetts
b) If these trends were to continue, what would be the median home value in Nebraska in 2010?
98120
of
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 2012
Transcribed Image Text:The median home value in Nebraska and Massachusetts (adjusted for inflation) are shown below: Year Nebraska Massachusetts 1950 35900 55400 2000 88000 185700 If we assume that the house values are changing linearly, a) In which state have home values increased at a higher rate? Massachusetts b) If these trends were to continue, what would be the median home value in Nebraska in 2010? 98120 of 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 2012
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