Solve the Problem Suppose You See a House Valued at $710,000 in Palo

question 284

Multiple Choice

Solve the problem.
-The table below shows a housing index that can be used to compare housing prices in different cities. $$\begin{array} { l | l } \text { CITY } & \text { INDEX } \\\hline \text { Juneau, AK } & 100 \\\text { Palo Alto, CA } & 365 \\\text { Denver, CO } & 87 \\\text { Spokane, WA } & 78 \\\text { Boston, MA } & 182 \\\text { Manhattan, NY } & 495\end{array}$$ Suppose you see a house valued at $710,000 in Palo Alto. Find the price of a comparable house in
Boston.

• A)$354,027
• B)$283,222
• C)$1,423,901
• D)$318,625

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Definitions:

Line Chart

A type of chart that displays information as a series of data points connected by straight line segments, useful for showing trends over time.

Column Chart

A type of chart used in data visualization that displays data as vertical bars, with the height of each bar representing the value of the data.

X-Y (Scatter)

A type of chart or graph that displays individual data points on a two-dimensional plane, often used to observe relationships between variables.

Pie Chart

A circular statistical graphic divided into slices to illustrate numerical proportions, where the arc length of each slice is proportional to the quantity it represents.