The square meters and sale prices (in thousands of Egyptian Pounds) of seven offices in Egypt are shown in the table at the left.

(a) \(x=45\) square meters

(b) \(x=55\) square meters

(c) \(x=95\) square meters

(d) \(x=125\) square meters

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.

Transcribed Image Text:

Square Sale meters, x price, y 36 1782.5 71 380 100 450 40 525 65 750 90 900 85 1150