The prediction equation y = 5.92x + 119.21 models the median selling price, in thousands of dollars, of new homes in a certain a

Question

3 years ago

12

rea since 1995. Predict the median selling price in 2015.(Do not separate the numbers

1 answer:

navik [9.2K] · Answer 1 · 2022-01-03T13:01:06+03:00

Answer:

Step-by-step explanation:

given that the function to predict the price is

y = 5.92x + 119.21

x= the number of year,

given that we are predicting from 1995-2015

the difference is 20years

So put x=20 in the expression we have

y = 5.92(20) + 119.21

y=118.4+119.21

y=237.61

the median price is $237.61