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Product No. HiMAP Pull-Out Supplementary Print Price: FREE with membership
 

House Calls

Marsha Davis


Mathematics Topic:
Modeling, Probability
Application Areas:
Housing
Prerequisites:
Students should be familiar with function notation.

| ©2009 Consortium 96 | 13 pages |


This Pull-Out focuses on building models to predict housing starts (the number of new residential construction projects) over time. Students are given housing-starts data for single-family homes, which is the largest component of residential housing starts. It turns out that housing starts for singlefamily homes is a key economic indicator. Long before the television news was filled with reports of economic troubles, declines in housing starts were pointing in that direction.

Activity 1: Housing Starts—A Periodic Model

Activity 2: Housing Starts—A Linear Model

Activity 3: Housing Starts—Modeling Seasonal Trends