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Using the Queens data and results from Problem 3 do
Using the Queens data and results from Problem 3, do the following:
(a) Find the leastsquares regression line, treating square footage as the explanatory variable.
(b) Interpret the slope and yintercept, if appropriate.
(c) Is the rent on the 825squarefoot apartment in the data above or below average among 825squarefoot apartments?
(a) Find the leastsquares regression line, treating square footage as the explanatory variable.
(b) Interpret the slope and yintercept, if appropriate.
(c) Is the rent on the 825squarefoot apartment in the data above or below average among 825squarefoot apartments?
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