If you see a house valued at $500,000 in Boston, find the price of a comparable house

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If you see a house valued at $500,000 in Boston, find the price of a comparable house in Baltimore and Phoenix.

Realtors use an index to compare housing prices in major cities throughout the country. The index numbers for several cities are given in the table below. If you know the price of a particular home in your town, you can use the index to find the price of a comparable house in another town:

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Statistical Reasoning For Everyday Life

ISBN: 9780321904645

4th International Edition

Authors: Jeffrey Bennett, William L. Briggs, Mario F. Triola

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