Question: Question 4 D! 2 I113 In this example we use the typical sales price of homes in a random sample of U5 counties [recorded 1with

Question 4 D! 2 I113 In this example we use the typical sales price of homes in a random sample of U5 counties [recorded 1with units as $1000 per square foot} to predict the typical rental cost in the county {in units of $ per square foot} . y: The typical Rental Cost in the county (units: 35 per square foot}. x: The typical sales price of properties in the county (units: $1000 per square foot}. Assume the regression equation is 3} = 0.5 + 2.2:: Assume one ICounty has a typical sales price of properties at $302 per square foot. 1What is the predicted Rental Cost per square foot in this county? Remember to be careful about the units on the explanatory yariable 3:. Consider if your answer makes sense. Ayerage Rental prices in Iowa are around $1 per square foot

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