Question: Create scatterplots using the data in the spreadsheet linked above and display the equation for the regression line. What is the equation for the regression
Create scatterplots using the data in the spreadsheet linked above and display the equation for the regression line.
What is the equation for the regression line that predicts selling price using household income as the explanatory variable?
Y^=000000000x+(000000000)
What is the interpretation of the slope?
What is the interpretation of the intercept?
Pick Decrease in household income as selling price increases Decrease in selling price as household income increases Increase in household income as selling price increases Increase in selling price as household income increases No practical interpretation
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