From 2018 to 2019, the price of housing in the United States has typically increased. The median price of a house in Madison, WI, was $259,100 in 2018 and increased to $275,900 in 2019. In Milwaukee, WI, the median home value in 2018 was $126,300 and increased to $133,600 in 2019. Find the absolute and relative changes for median home values in Madison and Milwaukee from 2018 to 2019. Give any percentage values rounded to the nearest tenth of a percent and dollar values to the nearest whole dollar amount. (a) From 2018 to 2019, the absolute change for median home values in Madison was $   . (b) From 2018 to 2019, the relative change for median home values in Madison was    %. (c) From 2018 to 2019, the absolute change for median home values in Milwaukee was $   . (d) From 2018 to 2019, the relative change for median home values in Milwaukee was    %. .

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter1: Expressions And Functions
Section1.5: Descriptive Modeling And Accuracy
Problem 15PPS
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From 2018 to 2019, the price of housing in the United States has typically increased. The median price of a house in Madison, WI, was $259,100 in 2018 and increased to $275,900 in 2019.

In Milwaukee, WI, the median home value in 2018 was $126,300 and increased to $133,600 in 2019.

Find the absolute and relative changes for median home values in Madison and Milwaukee from 2018 to 2019.

Give any percentage values rounded to the nearest tenth of a percent and dollar values to the nearest whole dollar amount.

(a) From 2018 to 2019, the absolute change for median home values in Madison was

$   .

(b) From 2018 to 2019, the relative change for median home values in Madison was

   %.

(c) From 2018 to 2019, the absolute change for median home values in Milwaukee was

$   .

(d) From 2018 to 2019, the relative change for median home values in Milwaukee was

   %.

.

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