The following table exhibits the age of antique furniture andthe corresponding prices. Use the table to answer the followingquestion(s). (Hint: Use scatter diagram and the Excel Trendlinetool where necessary).
No. Years | Value($) |
78 | 925 |
91 | 1010 |
83 | 970 |
159 | 1950 |
134 | 1610 |
210 | 2770 |
88 | 960 |
178 | 2010 |
124 | 1350 |
72 | 888 |
What is the expected value for a 90 year-old piece offurniture?
a. $934.56
b. $1029.36
c. $1002.45
d. $1033.21