Data for a sample of 30 apartments in a particular neighborhood are provided in the worksheet. You want to see if there is a direct relationship between Size of the Apartment and Rent. ?Please see Attached Excel for Data. Using Size as a predictor for Rent, use regression to fit a straight line to all 30 data points.?

What values for the intercept (a) and slope (b) do you obtain??

Place your answers, rounded to 3 decimal places, in the blanks provided.?

Do not use any stray punctuation marks. For example, 34.567 would be a legitimate entry.

Transcribed Image Text:

Rent 950 1500 1150 1400 950 1700 1550 935 875 1050 1400 1650 1875 1800 1395 1375 1100 1500 1200 1150 1100 1150 1200 800 850 500 900 1000 1025 900 Size 850 1450 1085 1232 718 1485 1136 726 700 956 1100 1500 1985 1674 1223 1225 1300 1345 1150 896 1361 1040 755 1000 1200 650 1100 900 1000 953 Rent 950 1500 1150 1400 950 1700 1550 935 875 1050 1400 1650 1875 1800 1395 1375 1100 1500 1200 1150 1100 1150 1200 800 850 500 900 1000 1025 900 Size 850 1450 1085 1232 718 1485 1136 726 700 956 1100 1500 1985 1674 1223 1225 1300 1345 1150 896 1361 1040 755 1000 1200 650 1100 900 1000 953

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