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The Sales Price Chart Shown Below Suggests an Average Monthly

Question 3

True/False

The sales price chart shown below suggests an average monthly increase of about one percent for the area under study.
 Month  Average Price  April $170,000 May $171,700 June $173,500 July $174,000 August $176,000 September $178,750 October $180,500\begin{array}{ll}\underline{\text { Month }} &\underline{ \text { Average Price }}\\\\\\\text { April } & \$ 170,000 \\\text { May } & \$ 171,700 \\\text { June } & \$ 173,500 \\\text { July } & \$ 174,000 \\\text { August } & \$ 176,000 \\\text { September } & \$ 178,750 \\\text { October } & \$ 180,500\end{array}

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