Question: Question 14 8 Select the appropriate interpretation for the slope of the linear regression equation below. Y (Dependent Variable) = Cost of a house in

 Question 14 8 Select the appropriate interpretation for the slope of

Question 14 8 Select the appropriate interpretation for the slope of the linear regression equation below. Y (Dependent Variable) = Cost of a house in thousands of dollars X (Independent Variable) = number of miles from an elementary school yhat = 325 - 6*X O For every 1 mile away from an elementary school then cost of the house will decrease on average by 6 thousand dollars There is not enough information to answer this question O For every 1 thousand dollars less a house costs then the house will be on average 6 miles farther from an elementary school For every 1 mile away from an elementary school then cost of the house will increase on average by 6 thousand dollars The independent variable does not have a significant influence on the dependent variable For every 1 thousand dollars more a house costs then the house will be on average 6 miles closer to an elementary school

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