A real estate agent specializing in commercial real estate wanted
A real estate agent specializing in commercial real estate wanted a more precise method of judging the likely selling price (in $1,000s) of apartment buildings. As a first effort, she recorded the price of a number of apartment buildings sold recently and the number of square feet (in 1,000s) in the building.
a. Calculate the regression line.
b. What do the coefficients tell you about the relationship between price and square footage?

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