LT 2: I can translate data/information to a usable form and utilize computer technology to find algebraic models that predict and describe the situation. The following table shows the average price of a two-bedroom apartment in downtown New York City from 1994 to 2004 (t=0 represents 1994). Year 0 2 6 10 Price p (S million) 0.21 0.73 0.52 0.45 1.42 2.15 Find the correlation coefficient AND use the multiple-choice selections to explain if the regression line is a good fit. Correlation Coefficient: O Since r 0.8, then the regression line is a good fit. Since |r) > 0.8, then the regression line is not a good fit