2. A real estate agent plans to compare the price of a cottage, y, in a town on the seashore to the number of blocks, x, the cottage is from the beach. The accompanying table shoes a random sample of sales and location data. Write a linear regression equation that relates the price of a cottage to it's distance from the beach. Use the equation to predict the price of a cottage, to the nearest dollar, located three blocks from the beach. Number of Blocks from the Beach Price of a Cottage (y) (x) $132,000 $310,000 4 $204,000 2 $238,000 1 $275,000 7 $60,800

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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3A.4.1 Please refer to the attached image for my question!

2. A real estate agent plans to compare the price of a cottage, y, in a town on the seashore to the number of blocks, x, the cottage is
from the beach. The accompanying table shoes a random sample of sales and location data. Write a linear regression equation that
relates the price of a cottage to it's distance from the beach. Use the equation to predict the price of a cottage, to the nearest dollar,
located three blocks from the beach.
Number of Blocks
from the Beach
Price of a Cottage
(y)
(x)
$132,000
$310,000
4
$204,000
2
$238,000
1
$275,000
7
$60,800
Transcribed Image Text:2. A real estate agent plans to compare the price of a cottage, y, in a town on the seashore to the number of blocks, x, the cottage is from the beach. The accompanying table shoes a random sample of sales and location data. Write a linear regression equation that relates the price of a cottage to it's distance from the beach. Use the equation to predict the price of a cottage, to the nearest dollar, located three blocks from the beach. Number of Blocks from the Beach Price of a Cottage (y) (x) $132,000 $310,000 4 $204,000 2 $238,000 1 $275,000 7 $60,800
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