In 1994, the average price of a new domestic car was $16,930. In 2002, the average price was $19,126. Based on a linear model, what would be the approximate predicted average price for 2008?

a)$23,000
B)$21,300
C)$20,800
D)$18,600

Question

In 1994, the average price of a new domestic car was $16,930.  In 2002, the average price was $19,126.  Based on a linear model, what would be the approximate predicted average price for 2008?

a)$23,000
		B)$21,300
		C)$20,800
		D)$18,600

anonymous · Answer

D is incorrect, far too low. I believe the answer is, B) $21,300.
Unfortunately my answer is only through deductive reasoning and not working the problem so it may be incorrect..