Question: The accompanying scatterplot shows the size (in square feet) and selling prices for homes in a certain zip code in California. Complete parts (a)

The accompanying scatterplot shows the size (in square feet) and selling prices for homes in a certain zip code in California. Complete parts (a) through (d) below. Click the icon to view the scatterplot of selling prices. a. Use the scatterplot to estimate the selling price of a home with 2000 square feet. The estimated selling price is $ (Round to the nearest ten thousand as needed.) b. Use the equation to predict the selling price of a home with 2000 square feet. The predicted selling price is S (Round to the nearest dollar as needed.) c. What is the slope of the regression equation? Interpret the slope of the regression equation. Select the correct choice below and fill in the answer box(es) to complete your choice. Selling Prices Selling Price 1250000- 1000000 OA. The slope is There is no association between square footage and selling price. (Type an integer or a decimal. Do not round.) B. The slope is . Each additional square foot of house space is associated with an increase of $ (Type integers or decimals. Do not round.) on average, in selling price. OC. The slope is Each additional square foot of house space causes an increase of $ in selling price. (Type integers or decimals. Do not round.) Predicted Selling Price = 734,951 +326.49 Sq Ft 2250000- 2000000- 1750000- 1500000- 750000- 500000 250000- 500 1000 1500 2000 2500 3000 3500 4000 4500 Square Feet Print Done d. What is the y-intercept of the regression equation? Interpret the y-intercept of the regression equation or explain why it would be inappropriate to do so. Select the correct choice below and fill in the answer box(es) to complete your choice. OA. The y-intercept is When the size of the house is 0 square feet, the predicted selling price is $ (Type integers or decimals. Do not round.) square feet. B. The y-intercept is. When the selling price is $0, the predicted size of the house is (Type integers or decimals. Do not round.) OC. The y-intercept is . It is not appropriate to interpret the y-intercept since it does not make sense to have a house with a size of 0 square feet. (Type an integer or a decimal. Do not round.) G

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