(Solved) Plot the following two points: Point 1: Age of home = 20, appraised value = $40,000 Point 2: Age of home = 30, appraised value = $50,000 Write

Question: Plot the following two points:

Point 1: Age of home = 20, appraised value = $40,000

Point 2: Age of home = 30, appraised value = $50,000

Write the equation of the straight line that passes through them.
What is the value for the intercept?
What is the value for the slope?
If the line you’ve drawn predicts appraised value exactly, what would be the appraised value for a 25-year old home?

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Solution: The downloadable solution consists of 1 pages
Deliverable: Word Document

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(Solved) Plot the following two points: Point 1: Age of home = 20, appraised value = $40,000 Point 2: Age of home = 30, appraised value = $50,000 Write

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