Question

The scatter plot shows the selling price versus area (in square feet) for 20 homes that

recently sold in a neighborhood.
The equation of the least squares regression line is given as:
Predicted Selling Price = 68,115 + 122.2 Area
Use the drop-down menus to complete the statements below about what this linear
model tells you about the selling price of homes in this neighborhood.
30 Points!!!

Answer 1

Answer: Your welcome!

Explanation:

This linear model tells us that, on average, for every additional square foot of area in a home, the selling price increases by 122.2 dollars. Therefore, this model suggests that the larger the area of a home, the higher the selling price of the home will be.

Answer 2

Explanation: