The square footages and sale prices (in thousands of dollars) of seven homes in Akron, Ohio, are
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The square footages and sale prices (in thousands of dollars) of seven homes in Akron, Ohio, are shown in the table at the left.
(a) x = 1450 square feet
(b) x = 2720 square feet
(c) x = 2175 square feet
(d) x = 890 square feet
Find the equation of the regression line for the data. Then construct a scatter plot of the data and draw the regression line. (Each pair of variables has a significant correlation.) Then use the regression equation to predict the value of y for each of the x-values, if meaningful. If the x-value is not meaningful to predict the value of y, explain why not. If convenient, use technology.
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Related Book For
Elementary Statistics Picturing The World
ISBN: 9780134683416
7th Edition
Authors: Ron Larson, Betsy Farber
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