The Relationship Between Interest Rates as a Percent (X) and Housing

question 163

Multiple Choice

The relationship between interest rates as a percent (X) and housing starts (Y) is given by the linear equation Y' = 4094 - 269X. What will be the number of housing starts if the interest rate is 8.25%?

• A) 1875
• B) 1785
• C) 4094
• D) 3825

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Definitions:

Out-of-round

A condition where a component, such as a rotor or drum, is not perfectly circular, leading to uneven wear or vibration.

Nonfloating Drum

A type of drum in machinery or equipment that is fixed in place and does not move or float axially under operation.

Wheel Bearing

Any of several types of bearings that reduce friction at the interface of the axle and the hub.

Rear Axle

The axle located at the rear of a vehicle, transmitting power from the drivetrain to the rear wheels.