Let f(p) be the average number of days a house stays on the market before being sold for price p in $1,000s. Which statement best describes the meaning of f(150)?

Answer 1

Our goal is to describe what f(150) means.

In this scenario, p = 150.

Since p is the price of the house in thousands, we are talking about a $150,000 house.

Now we need to consider what f(p) means. At the beginning, it states that f(p) is the average amount of days the house stays on the market before selling for p price.

So, f(150) describes the average amount of days that a house stays on the market before selling for $150,000.

Answer 2

f(150) = average number of days a house selling for $150,000 stays on the market