Question: An auditor would like to develop a model to predict the county taxes, based on the age of single family houses. She selects a random


An auditor would like to develop a model to predict the county taxes, based on the age of single family houses. She selects a random sample.

1. Construct a scatter plot. Describe the data.

2. Determine what type of approach to use in modeling the data.

3. Interpret the results of your analysis and algebraically define your model.

4. Predict the mean county taxes for a home that is 20 years old.

5. Provide an explanation as to how you determined the number of variables to include in your model.

AgeTaxes
1925
2870
4809
4720
5694
8630
10626
10562
12546
15523
20480
22486
25462
25441
30426
35368
40350
50348
50322

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