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MA155 740 201830 Review Homework: Online Test 1 Review Close (Ch 1-2) Review is

ID: 3375751 • Letter: M

Question

MA155 740 201830 Review Homework: Online Test 1 Review Close (Ch 1-2) Review is optionala Score: 0 of 1 pt 25 of 27 v Hw Score: 12.96%, 3.5 of 2 2.3.9 Question Help The Housing Opportunity Index (HOI) represents the proportion of homes considered to be affordable according to standard mortgage practices for individuals earning the national median income. The accompanying time-series graph shows the HOl from the first quarter of 2005 (Q1/05) to the fourth quarter of 2008 (04/08). Complete parts (a) through (e). 1-Click the icon to view the time-series graph. (a) Estimate the HOl in the first quarter of 2005. The HOI in the first quarter of 2005 was about ? Stock Closing Price Housing Opportunity Index Q1/05 0205 0305 04105 01106 02/06 Q3/06 04106 01107 0207 03107 04/07 01/08 02/08 03108 04/08 Year

Explanation / Answer

the hoi in the first quarter of 2005 is about 55.from the graph we can easily locate the q1/05 on x axis ,and the point corresponding to it on y axis is near about 55.