2. One of the biggest factors in determining the value of a home is the square footage. The following data represent the square footage and asking price (in thousands of dollars) for a random sample of homes for sale in Naples, Florida, in December 2010. Square Asking Footage Price ($) 1148 154,000 1096 159,900 1142 69,000 1288 169,900 1322 170,000 1466 179,900 1344 180,000 1544 189,000 1494 189,900 a) On the axes above, draw a scatter diagram treating the square footage as the explanatory variable and asking price as the response variable. Label the graph! There is a linear relationship between the square footage and asking price. For each of the following, use the proper format for the monetary values hifeed meagelb welleve e we bajavoda take ert no (6 b) State the linear correlation coefficient delimy manager smen Of brio eldeney c) Find the least-squares regression line. d) Predict the asking price if the square footage is 1500. e) Would a prediction for the asking price of a home that is 3350 square feet be reasonable? Why or Why not? Use a complete sentence and proper grammar. f) Interpret the slope. Use a complete sentence and proper grammar. g) Is it reasonable to interpret the y-intercept? Why or why not