The median home value in Michigan and New York (adjusted for inflation) are shown below. Year Michigan New York 1950 45400 61500 2000 115600 148700 If we assume that the house values are changing linearly, a) In which state have home values increased at a higher rate? New York, Mich., or equal rates: b) If these trends were to continue, what would be the median home value in Michigan in 2010? $ : 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 :
The median home value in Michigan and New York (adjusted for inflation) are shown below. Year Michigan New York 1950 45400 61500 2000 115600 148700 If we assume that the house values are changing linearly, a) In which state have home values increased at a higher rate? New York, Mich., or equal rates: b) If these trends were to continue, what would be the median home value in Michigan in 2010? $ : 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 :
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,...
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The median home value in Michigan and New York (adjusted for inflation) are shown below.
| Year | Michigan | New York |
|---|---|---|
| 1950 | 45400 | 61500 |
| 2000 | 115600 | 148700 |
If we assume that the house values are changing linearly,
a) In which state have home values increased at a higher rate? New York, Mich., or equal rates:
b) If these trends were to continue, what would be the median home value in Michigan in 2010?
$ :
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 :
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