a. Use the points (0, 46,200) and (5, 54,400) to determine a linear function, f, that approximates the average sales price of a new single-wide x years after 2014. f(x) = Type your answer here (Do not enter any commas or blank spaces in your answer.) %3D b. The slope of the linear function is m = Type your answer here and means that the average sales price of a new single-wide home in the United States is Type your answer here (increasing/decreasing) by $ Type your answer here each year after 2014. c. Use your linear model to predict the average sales price on a new single-wide manufactured home in the United States in 2025. The average sales price in 2025 is $ Type your answer here
a. Use the points (0, 46,200) and (5, 54,400) to determine a linear function, f, that approximates the average sales price of a new single-wide x years after 2014. f(x) = Type your answer here (Do not enter any commas or blank spaces in your answer.) %3D b. The slope of the linear function is m = Type your answer here and means that the average sales price of a new single-wide home in the United States is Type your answer here (increasing/decreasing) by $ Type your answer here each year after 2014. c. Use your linear model to predict the average sales price on a new single-wide manufactured home in the United States in 2025. The average sales price in 2025 is $ Type your answer here
Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
Related questions
Concept explainers
Contingency Table
A contingency table can be defined as the visual representation of the relationship between two or more categorical variables that can be evaluated and registered. It is a categorical version of the scatterplot, which is used to investigate the linear relationship between two variables. A contingency table is indeed a type of frequency distribution table that displays two variables at the same time.
Binomial Distribution
Binomial is an algebraic expression of the sum or the difference of two terms. Before knowing about binomial distribution, we must know about the binomial theorem.
Topic Video
Question
![**Fill in the Blanks**
### Average Sales Price of New Single-Wide Manufactured Homes in the United States
The graph gives the average sales price of new single-wide manufactured homes in the United States \( x \) years after 2014.
**Graph Explanation:**
The graph displays a scatter plot with a trend line illustrating the average sales price of new single-wide manufactured homes in the United States from 0 to 5 years after 2014. The y-axis represents the average sales price in dollars, ranging from $45,000 to $55,000. The x-axis represents the number of years after 2014. Key data points emphasized on the graph include (0, $46,200) and (5, $54,400), connected by a linear trend line.
**Questions:**
a. Use the points (0, \( \$46,200 \)) and (5, \( \$54,400 \)) to determine a linear function, \( f \), that approximates the average sales price of a new single-wide \( x \) years after 2014.
\[ f(x) = \text{_____} \]
(Do not enter any commas or blank spaces in your answer.)
b. The slope of the linear function is \( m = \text{_____} \) and means that the average sales price of a new single-wide home in the United States is \text{_____} (increasing/decreasing) by \( \$ \text{_____} \) each year after 2014.
c. Use your linear model to predict the average sales price of a new single-wide manufactured home in the United States in 2025.
The average sales price in 2025 is \( \$ \text{____} \).
**Instructions to Students:**
Type your answers in all of the blanks and submit.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F066a8f6b-0850-46b7-9749-7f575952e384%2F0e01d90f-93d0-4e1e-a4bb-586dfa1fca19%2F3jr3ryb_processed.jpeg&w=3840&q=75)
Transcribed Image Text:**Fill in the Blanks**
### Average Sales Price of New Single-Wide Manufactured Homes in the United States
The graph gives the average sales price of new single-wide manufactured homes in the United States \( x \) years after 2014.
**Graph Explanation:**
The graph displays a scatter plot with a trend line illustrating the average sales price of new single-wide manufactured homes in the United States from 0 to 5 years after 2014. The y-axis represents the average sales price in dollars, ranging from $45,000 to $55,000. The x-axis represents the number of years after 2014. Key data points emphasized on the graph include (0, $46,200) and (5, $54,400), connected by a linear trend line.
**Questions:**
a. Use the points (0, \( \$46,200 \)) and (5, \( \$54,400 \)) to determine a linear function, \( f \), that approximates the average sales price of a new single-wide \( x \) years after 2014.
\[ f(x) = \text{_____} \]
(Do not enter any commas or blank spaces in your answer.)
b. The slope of the linear function is \( m = \text{_____} \) and means that the average sales price of a new single-wide home in the United States is \text{_____} (increasing/decreasing) by \( \$ \text{_____} \) each year after 2014.
c. Use your linear model to predict the average sales price of a new single-wide manufactured home in the United States in 2025.
The average sales price in 2025 is \( \$ \text{____} \).
**Instructions to Students:**
Type your answers in all of the blanks and submit.
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 2 images
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, algebra and related others by exploring similar questions and additional content below.Recommended textbooks for you
![Algebra and Trigonometry (6th Edition)](https://www.bartleby.com/isbn_cover_images/9780134463216/9780134463216_smallCoverImage.gif)
Algebra and Trigonometry (6th Edition)
Algebra
ISBN:
9780134463216
Author:
Robert F. Blitzer
Publisher:
PEARSON
![Contemporary Abstract Algebra](https://www.bartleby.com/isbn_cover_images/9781305657960/9781305657960_smallCoverImage.gif)
Contemporary Abstract Algebra
Algebra
ISBN:
9781305657960
Author:
Joseph Gallian
Publisher:
Cengage Learning
![Linear Algebra: A Modern Introduction](https://www.bartleby.com/isbn_cover_images/9781285463247/9781285463247_smallCoverImage.gif)
Linear Algebra: A Modern Introduction
Algebra
ISBN:
9781285463247
Author:
David Poole
Publisher:
Cengage Learning
![Algebra and Trigonometry (6th Edition)](https://www.bartleby.com/isbn_cover_images/9780134463216/9780134463216_smallCoverImage.gif)
Algebra and Trigonometry (6th Edition)
Algebra
ISBN:
9780134463216
Author:
Robert F. Blitzer
Publisher:
PEARSON
![Contemporary Abstract Algebra](https://www.bartleby.com/isbn_cover_images/9781305657960/9781305657960_smallCoverImage.gif)
Contemporary Abstract Algebra
Algebra
ISBN:
9781305657960
Author:
Joseph Gallian
Publisher:
Cengage Learning
![Linear Algebra: A Modern Introduction](https://www.bartleby.com/isbn_cover_images/9781285463247/9781285463247_smallCoverImage.gif)
Linear Algebra: A Modern Introduction
Algebra
ISBN:
9781285463247
Author:
David Poole
Publisher:
Cengage Learning
![Algebra And Trigonometry (11th Edition)](https://www.bartleby.com/isbn_cover_images/9780135163078/9780135163078_smallCoverImage.gif)
Algebra And Trigonometry (11th Edition)
Algebra
ISBN:
9780135163078
Author:
Michael Sullivan
Publisher:
PEARSON
![Introduction to Linear Algebra, Fifth Edition](https://www.bartleby.com/isbn_cover_images/9780980232776/9780980232776_smallCoverImage.gif)
Introduction to Linear Algebra, Fifth Edition
Algebra
ISBN:
9780980232776
Author:
Gilbert Strang
Publisher:
Wellesley-Cambridge Press
![College Algebra (Collegiate Math)](https://www.bartleby.com/isbn_cover_images/9780077836344/9780077836344_smallCoverImage.gif)
College Algebra (Collegiate Math)
Algebra
ISBN:
9780077836344
Author:
Julie Miller, Donna Gerken
Publisher:
McGraw-Hill Education