Thursday, June 7, 2012

Chapter 2 project

itled.png" imageanchor="1" style=""> href="http://4.bp.blogspot.com/-8P8UokR7-F8/T9GJReWLQII/AAAAAAAAAEQ/QmoFKQuJ1gw/s1600/Unt According to Zillow, the house my family and I moved into was worth $509,000 during the year 2004. I used my calculator to find the model by entering my X and Y values into the STATS table. My X are the years and my Y are the value of the house. My linear regression equation is y=54466.4+-26.72x with the Rate of .5319350662. My house will reach the value of $100,000 until the year 2023. The yearly depreciation of the house is $17,000. Some things that could happen that could change the value is the increase in violence or the amount of people moving in and out of the neighborhood.

No comments: