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Mathematics, 30.01.2021 08:10 nkh69

Mr. Martinez is a Real Estate Land Developer and buys and sells land. Mr. Martinez is considering what price to sell a piece of land. Based on a few markets analysis, he
has the following data. One Acre sells for $60,000. Two Acres by sells for $85,000. Three Acres sells for 120,000.
$105,000. Four Acres sells for $120,000.
Use this information to run a regression (table in desmos) to find the best fit model equation (Linear
or Quadratic) to predict what would be the value of a 4.5 Acre lot which he wants to sell. What is the
value of a 3.5 acres if he wishes to sell?
Lo

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Answers: 1

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