a. Find the regression equation for the data points. ŷ=+x (Round to three decimal places as needed.)

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
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Chapter10: Statistics
Section10.5: Comparing Sets Of Data
Problem 26PFA
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A company specializes in custom home resales in an exclusive subdivision. A random sample of nine custom homes currently listed for
sale provided the following information on size and price. Here, x denotes size, in hundreds of square feet, rounded to the
nearest hundred, and y denotes price, in thousands of dollars, rounded to the nearest thousand. Use the information to complete parts (a)
through (g).
X
y
26 27 33 29 29 34
530 559 574 576 611 666
a. Find the regression equation for the data points.
ŷ=+x
(Round to three decimal places as needed.)
X
30
745
40
802
22
506
Transcribed Image Text:A company specializes in custom home resales in an exclusive subdivision. A random sample of nine custom homes currently listed for sale provided the following information on size and price. Here, x denotes size, in hundreds of square feet, rounded to the nearest hundred, and y denotes price, in thousands of dollars, rounded to the nearest thousand. Use the information to complete parts (a) through (g). X y 26 27 33 29 29 34 530 559 574 576 611 666 a. Find the regression equation for the data points. ŷ=+x (Round to three decimal places as needed.) X 30 745 40 802 22 506
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