A Question 1 (1.25 points) Retake question The table below contains the value of the house and the amount of rental income in a year that the house brings in (Capital and rental," 2013). Determine the independent and dependent variables. Describe the form, direction and strength of the graph. Value Rental Value Value Rental Value 75000 81000 6656 Rental 4576 8736 77000 6864 Rental 7280 6240 7072 95000 7904 90000 7072 94000 115000 121000 7904 110000 67500 85000 104000 125000 135000 12064 8320 7904 135000 130000 9776 126000 6240 7904 145000 8320 140000 9568 140000 9152 7488 165000 13312 165000 8528 7488 148000 8320 155000 170000 178000 11856 174000 9568 170000 12688 200000 194000 10400 10608 10400 11232 190000 200000 214000 8320 12272 8528 208000 10400 200000 8320 200000 240000 240000 240000 12064 11648 225000 12480 289000 10192 11648 12480 270000 12896 262000 244500 11232 10192 12272 325000 310000 12480 303000 300000 12480 Use your calculator to find the regression equation for the value & rental income data. Report it here by filling in the appropriate blanks. Report both slope and y- intercept to three decimal places if rounding. Predicted rental income = Blank 1 * value + Blank 2. What would you expect the rental income to be for a home that has a value of $230000? For $400000? Do you trust this prediction? Answer these questions by filling in the blanks in the statements below; use the regression equation you reported previously in which the coefficients were rounded to three decimal places and round your prediction to the nearest whole number. The predicted rental income for a home that has a value of $230000 is dollars (first item in list, rounded to whole number and no commas). |_ (do or do not - second item in list) trust this prediction. Enter your answer as a list of items that fill in these two blanks in Blank #3 with a comma in between and no extra spaces. For example, a valid answer might look like 354,do or 5785,do not. The predicted rental income for a home that has a value of $400000 is dollars (first item in list, rounded to whole number and no commas). I. _(do or do not - second item in list) trust this prediction. Enter your answer as a list of items that fill in these two blanks in Blank #4 with a comma in between and no extra spaces. For example, a valid answer might look like 354,do or 5785,do not. Blank # 1 Blank # 2 Blank # 3 Blank #4