Concept explainers
Cost of Homes The median sale price of single-family homes in the United States has been increasing steadily. The increase can be approximated by a linear equation of the form
Number of Years Since 2000 |
Median Price of Home in Thousands of Dollars |
0 |
174.9 |
14 |
283.6 |
Source www.census.gov
Use the table of values on p. 153 for exercises 54 - 57.
Use your graph to estimate the median cost of a home in 2010 (10 years after 2000).
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Intermediate Algebra (8th Edition)
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