Question: =+13.5 Suppose that a simple linear regression model is appropriate for describing the relationship between y 5 house price and x 5 house size (sq

=+13.5 Suppose that a simple linear regression model is appropriate for describing the relationship between y 5 house price and x 5 house size (sq ft) for houses in a large city. The true regression line is y 5 23,000 1 47x and s 5 5000.

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