Home Prices Suppose the following table shows median home prices, in thousands of dollars, in four regions of a country in May 2013, as well as the year-over-year changes in 2014 and 2015. Northeast Midwest South West 165 182 278 18 May 2013 Change in 2014 Change in 2015 Use matrix algebra to find the median home price, in thousands of dollars, in each region in May 2014 and 2015. May 2014 May 2015 272 Northeast -13 12 Midwest 6 16 0 15 South 30 West

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Home Prices Suppose the following table shows median home prices, in thousands of dollars, in four regions of a country in May 2013, as well as the year-over-year changes in 2014 and 2015.
May 2013
Change in 2014
Change in 2015
Use matrix algebra to find the median home price, in thousands of dollars, in each region in May 2014 and 2015.
May 2014
May 2015
Northeast Midwest South West
Northeast
272
-13
12
165
Midwest
6
182
16
0
15
South
278
18
30
West
Transcribed Image Text:Home Prices Suppose the following table shows median home prices, in thousands of dollars, in four regions of a country in May 2013, as well as the year-over-year changes in 2014 and 2015. May 2013 Change in 2014 Change in 2015 Use matrix algebra to find the median home price, in thousands of dollars, in each region in May 2014 and 2015. May 2014 May 2015 Northeast Midwest South West Northeast 272 -13 12 165 Midwest 6 182 16 0 15 South 278 18 30 West
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