An agent for a real estate company wanted to predict the monthly rent for apartments, based on the size of the apartment. The data are stored in Rent. Use the results of that problem.
a. At the 0.05 level of significance, is there evidence of a linear relationship between the size of the apartment and the monthly rent?
b. Construct a 95% confidence interval estimate of the population slope, β1.
For Information: Problem 13.9,