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?
Question 8 answers
$23,000
$21,300
$20,800
$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?
Question 8 answers
		$23,000
		$21,300
		$20,800
		$18,600

anonymous · Answer

DO the slope :
      y2-y1         19126-16930                   X-19126
m=------ =  -------------- =274.5= ---------------
       x2-x1        2002-1994                       2008-2002

         X=274.5(2008-2002)+19126 = 20,773 or 20,800 answer

anonymous · Answer

thanks boo (:

anonymous · Answer

wc

anonymous · Answer

Y2-Y1
hope you understand the slope m =       --------
                                                             X2-X1

anonymous · Answer

hi bailey the equation on your next question was missing the X..i mean the prob before this one..about investment