Question: (c) Use the least squares method to develop the estimated regression equation. (Let x = home value (in thousands of $), and let y

(c) Use the least squares method to develop the estimated regression equation.

(c) Use the least squares method to develop the estimated regression equation. (Let x = home value (in thousands of $), and let y = landscaping expenditures (in thousands of $). Round your numerical values to five decimal places.) = 15.11428 (d) For every additional $1,000 in home value, estimate how much additional will be spent (in $) on landscaping. (Round your answer to the nearest cent.) $ 15114 (e) Use the equation estimated in part (c) to predict the landscaping expenditures (in $) for a home valued at $275,000. (Round your answer to the nearest dollar.)

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