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? Pick one

Decrease in household income as selling prices increase

Decrease in selling price as household income increase

Increase in household income as selling price increase

Increase in selling price as household income increase

No practical interpretation

What is the interpretation of the intercept? Pick one

Household income when selling price is 0

No practical interpretation

Selling price when household income is 0

Chart numbers

Credit score Probability of default
610 16.7
645 9.1
685 4.8
705 3.2
540 28
580 23
620 16
660 9
700 4.4

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