The following table shows the average price of a two-bedroom apartment in downtown New York City during the real estate boom from 1994 to 2004. 0 (1994) 2 t t Price ($ million) Update Graph 0.38 P 1.5 1 0.5 (a) Use exponential regression to model the price P(t) as a function of time t since 1994. (Round all coefficients to three decimal places.) P(t) = -0.5 Select a sketch of the points and the regression curve. (Select Update Graph to see your response plotted on the screep. Select the Submit button to grade your response.) Student Response Graph Student Response Graph Description 1 4 0.40 0.60 0.95 ● 6 2 3 8 1.20 4 10 (2004) 5 1.60 6 7 8 9 10 t

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