Based on housing data below which equation can be used to calculate fair housing prices?
1 answer:
Answer:
B. y = 0.097x + 11.142
Step-by-step explanation:
In order to find the best equation to descibe the housing price, we have to calculate the slope of the line first.
The equation of the line can be written as
where m is the slope and q the y-intercept.
In order to have the most accurate estimate for the slope, we use the first point and the last point, that are:
(1900, 196)
and
(2200, 225)
The slope of the line is calculated as:
So, the slope of the line is 0.097.
Therefore, the correct option is the only one having a slope of 0.097, which is:
B. y = 0.097x + 11.142
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Answer: -5/12
Step-by-step explanation: Before multiplying two fractions together by multiplying across their numerators and multiplying across their denominators, you should always try to cross-cancel as your first step.
So in this problem, the 2 and 8 cross-cancel to 1 and 4.
Also, watch out for your signs. In this problem we have a negative times a positive so we know that our answer will be negative.
Now we can multiply across the numerators and across the denominators.
So we have 5 · 1 which is 5 and 4 · 3 which is 12.
So our answer is -5/12.
Be very careful with your signs!
