c) Find the equation of the regression line. Write down the slope and the intercept. d) Determine the predicted selling price of a house that has an area of 2500. Dataset: Area Selling Price 2704 400000 2096 370000 2737 382500 1800 300000 1066 305000 1820 320000 2700 321000 2316 445000 2448 377500 3040 460000 1500 265000 1448 299000 2400 385000 2200 430000 1635 214900 2224 475000 1738 280000 3432 457000 1175 210000 1393 272500 1196 268000 1860 300000 3867 477000 1800 292000 2722 379000 2240 295000 2174 499000 1650 292000 2000 305000 3350 520000 1776 308000 1850 316000 2600 355500 1300 225000 1352 270000 1312 253000 1664 310000 1700 300000 1650 295000 2400 478000

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
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c) Find the equation of the regression line. Write down the slope and the intercept.

d) Determine the predicted selling price of a house that has an area of 2500.

Dataset:

Area Selling Price
2704 400000
2096 370000
2737 382500
1800 300000
1066 305000
1820 320000
2700 321000
2316 445000
2448 377500
3040 460000
1500 265000
1448 299000
2400 385000
2200 430000
1635 214900
2224 475000
1738 280000
3432 457000
1175 210000
1393 272500
1196 268000
1860 300000
3867 477000
1800 292000
2722 379000
2240 295000
2174 499000
1650 292000
2000 305000
3350 520000
1776 308000
1850 316000
2600 355500
1300 225000
1352 270000
1312 253000
1664 310000
1700 300000
1650 295000
2400 478000
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