2. Use technology to determine regression equation between house value and rental income. Enter regression equation in the format as follows: y^=a+bx with slope rounded to nearest thousandth and y-intercept value rounded to nearest integer. Examples of correctly entered answers: y^=-4210+.348x y^=67553-1.242x Linear regression equation calculator: Correlation and Linear Regression Calculator Applet 3. Use the regression equation to find the rental income from a house worth $230,000 Enter amount to nearest dollar; do not include dollar sign, commas, or units of measure 4. Use the regression equation to find the rental income from a house worth $400,000 Enter amount to nearest dollar; do not include dollar sign or units of measure
Value |
Rental |
Value |
Rental |
Value |
Rental |
Value |
Rental |
81000 |
6656 |
77000 |
4576 |
75000 |
7280 |
67500 |
6864 |
95000 |
7904 |
94000 |
8736 |
90000 |
6240 |
85000 |
7072 |
121000 |
12064 |
115000 |
7904 |
110000 |
7072 |
104000 |
7904 |
135000 |
8320 |
130000 |
9776 |
126000 |
6240 |
125000 |
7904 |
145000 |
8320 |
140000 |
9568 |
140000 |
9152 |
135000 |
7488 |
165000 |
13312 |
165000 |
8528 |
155000 |
7488 |
148000 |
8320 |
178000 |
11856 |
174000 |
10400 |
170000 |
9568 |
170000 |
12688 |
200000 |
12272 |
200000 |
10608 |
194000 |
11232 |
190000 |
8320 |
214000 |
8528 |
208000 |
10400 |
200000 |
10400 |
200000 |
8320 |
240000 |
10192 |
240000 |
12064 |
240000 |
11648 |
225000 |
12480 |
289000 |
11648 |
270000 |
12896 |
262000 |
10192 |
244500 |
11232 |
325000 |
12480 |
310000 |
12480 |
303000 |
12272 |
300000 |
12480 |
2. Use technology to determine regression equation between house value and rental income.
Enter regression equation in the format as follows:
y^=a+bx
with slope rounded to nearest thousandth and y-intercept value rounded to nearest integer. Examples of correctly entered answers:
y^=-4210+.348x
y^=67553-1.242x
Linear regression equation calculator:
3. Use the regression equation to find the rental income from a house worth $230,000
Enter amount to nearest dollar; do not include dollar sign, commas, or units of measure
4. Use the regression equation to find the rental income from a house worth $400,000
Enter amount to nearest dollar; do not include dollar sign or units of measure
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