The following table shows the appraised value of a house over time.
Age (years)
Value (thousands)
0
140
3
148
6
160
9
162
12
185
15
178
18
194
Using the data from the table determine if there is a linear trend between the age of a house and its value and determine if there is an exact linear fit of the data. Describe the linear trend if there is one.
a.
Negative linear trend, an exact linear fit.
b.
Negative linear trend, not an exact linear fit.
c.
Positive linear trend, an exact linear fit.
d.
Positive linear trend, not an exact linear fit
