The following table exhibits the age of antique furniture and the corresponding prices. Use the table to answer the following questions). Hint: Use scatter diagram and the Excel Trendline tool where necessary). $$\begin{array} { | r | r | }
\hline\begin{array} { l }
\text { Number } \
\text { of years }
\end{array} & \begin{array} { l }
\text { Value } \
\$
\end{array} \
\hline 79 & 930 \
\hline 91 & 1010 \
\hline 83 & 970 \
\hline 159 & 1950 \
\hline 134 & 1610 \
\hline 210 & 2880 \
\hline 89 & 980 \
\hline 178 & 2010 \
\hline 124 & 1370 \
\hline 72 & 900 \
\hline
\end{array}$$
-What is the relationship between the age of the furniture and their values?

Question

The following table exhibits the age of antique furniture and the corresponding prices. Use the table to answer the following questions). Hint: Use scatter diagram and the Excel Trendline tool where necessary). $$\begin{array} { | r | r | } 
\hline\begin{array} { l } 
\text { Number } \
\text { of years }
\end{array} & \begin{array} { l } 
\text { Value } \
\$
\end{array} \
\hline 79 & 930 \
\hline 91 & 1010 \
\hline 83 & 970 \
\hline 159 & 1950 \
\hline 134 & 1610 \
\hline 210 & 2880 \
\hline 89 & 980 \
\hline 178 & 2010 \
\hline 124 & 1370 \
\hline 72 & 900 \
\hline
\end{array}$$
-What is the relationship between the age of the furniture and their values?

Quizplus · Accepted Answer

Given the data points, plotting them on a scatter diagram and applying the Excel Trendline tool would likely show a direct relationship where the value of the furniture increases as the age increases. This suggests a linear relationship, where the value of the furniture can be predicted based on its age using a straight line.

The Following Table Exhibits the Age of Antique Furniture and the Corresponding