CHALLBIGE mm I 3.3.3: Excel: Using regression to make predictions. Click this link to download the spreadsheet for use in this activity. Use the Regression function in the Data Analysis ToolPaK. Specify the data range for the response variable in "Input Y Range" and the data range for the explanatory variable in "Input X Range". 57543 1335 2: c - 3:1. . Jump to level 1 A researcher is analyzing the relationship between various variables in housing data for 32 cities: median list prices of single family homes, condominium or coopsj all homes, median household income, unemployment rate, and population. What is the regression equation for the model that predicts the list price of condominiums or coops using unemployment rate as an explanatory variable? Y = Ex:1.234 X + {Ex;1.234 ) What is the interpretation of the slope? Pick v in the list price of condominiums or coops as unemployment rate increases. What is the interpretation of the intercept? Pick v _I