Modeling with Linear Functions · Exercise 46
Use the median home values in Indiana and Alabama (adjusted for inflation) shown in the table. Assume that the house values are changing linearly.
\begin{array}{|c|c|c|}\hline \text{Year} & \text{Indiana} & \text{Alabama} \\ \hline \text{1950} & \text{$37,700} & \text{$27,100} \\ \hline \text{2000} & \text{$94,300} & \text{$85,100} \\ \hline\end{array}
In which state have home values increased at a higher rate?
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OpenStax, Algebra and Trigonometry 2e · §4.2 Modeling with Linear Functions · Exercise 46
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