Question

Easy algebra! Please help! Will mark brainiliest!

1. The table shows the prices of some recent home sales compared with the area, in square feet, of the homes.

a. Using area as the independent variable, find a model for the data. Round values to the nearest hundredth.

Answer 1

y =
`97749e^(x)`

Explanation:

a) Let Area be the independent variable and Price of the homes sold be dependent on the area.

Let x represents the area and y represents the price.

We will plot the data in excel using trend line function.

The model so obtained is:

y =
`97749e^(0.00002x)`

Rounding values to the nearest hundredth, we get

y =
`97749e^(x)`