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

question 75

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 rose to 16%?

• A) 1875
• B) 1785
• C) -4094
• D) Zero, since you can't have negative housing starts.

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Definitions:

Arachnoid Layer

The middle layer of the three meninges that cover the brain and spinal cord, providing a protective barrier.

Tumor

An abnormal growth of tissue, which can be benign (non-cancerous) or malignant (cancerous).

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A type of cancer that arises from plasma cells in the bone marrow.

IRT

Interactive Response Technology, a system used in clinical trials for managing patients, supplies, and data.