document.write( "Question 1099202: The median price of an existing home was $160,000 in 2000 and $240,000 in 2007. If x represents the number of years since 2000, use these data points to determine a line of best fit for the trends in the price of existing homes. Write the equation in slope-intercept form. \n" ); document.write( "
Algebra.Com's Answer #713625 by josmiceli(19441)![]() ![]() You can put this solution on YOUR website! You are given 2 points on the line: \n" ); document.write( "( 0, 160 ) \n" ); document.write( "( 7, 240 ) \n" ); document.write( "Note that y-values are in thousands of dollars \n" ); document.write( "-------------------------------------------- \n" ); document.write( "Use the general point-slope formula \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "------------------------- \n" ); document.write( "check: \n" ); document.write( "Does it go through ( 7, 240 ) ? \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "OK \n" ); document.write( " |