Use this data and predict an apartment's monthly rent base on its square footage. If you find an apartment with 950 square feet, what should you expect to pay in rent? (Enter a whole number) Monthly Rent Square Feet $815.00 679 $695.00 890 $930.00 1165 $799.00 692 $995.00 1020 $825.00 679 $857.00 1065 $599.00 708 $1,015.00 1104 $750.00 639 $725.00 1000 $990.00 848 $960.00 958 $750.00 954 $910.00 1165 $820.00 839 $775.00 725 $999.00 985 $760.00 720 $790.00 824 $830.00 759 $900.00 912 $950.00 1080 $800.00 780 $820.00 628 $800.00 650 $820.00 721 $810.00 875 $770.00 912 $750.00 900 $825.00 655 $800.00 760 $850.00 980 $960.00 920
Use this data and predict an apartment's monthly rent base on its square footage. If you find an apartment with 950 square feet, what should you expect to pay in rent? (Enter a whole number) Monthly Rent Square Feet $815.00 679 $695.00 890 $930.00 1165 $799.00 692 $995.00 1020 $825.00 679 $857.00 1065 $599.00 708 $1,015.00 1104 $750.00 639 $725.00 1000 $990.00 848 $960.00 958 $750.00 954 $910.00 1165 $820.00 839 $775.00 725 $999.00 985 $760.00 720 $790.00 824 $830.00 759 $900.00 912 $950.00 1080 $800.00 780 $820.00 628 $800.00 650 $820.00 721 $810.00 875 $770.00 912 $750.00 900 $825.00 655 $800.00 760 $850.00 980 $960.00 920
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
Use this data and predict an apartment's monthly rent base on its square footage. If you find an apartment with 950 square feet, what should you expect to pay in rent? (Enter a whole number)
| Monthly Rent | Square Feet |
| $815.00 | 679 |
| $695.00 | 890 |
| $930.00 | 1165 |
| $799.00 | 692 |
| $995.00 | 1020 |
| $825.00 | 679 |
| $857.00 | 1065 |
| $599.00 | 708 |
| $1,015.00 | 1104 |
| $750.00 | 639 |
| $725.00 | 1000 |
| $990.00 | 848 |
| $960.00 | 958 |
| $750.00 | 954 |
| $910.00 | 1165 |
| $820.00 | 839 |
| $775.00 | 725 |
| $999.00 | 985 |
| $760.00 | 720 |
| $790.00 | 824 |
| $830.00 | 759 |
| $900.00 | 912 |
| $950.00 | 1080 |
| $800.00 | 780 |
| $820.00 | 628 |
| $800.00 | 650 |
| $820.00 | 721 |
| $810.00 | 875 |
| $770.00 | 912 |
| $750.00 | 900 |
| $825.00 | 655 |
| $800.00 | 760 |
| $850.00 | 980 |
| $960.00 | 920 |
Expert Solution
Step 1
Given:
Sample size n = 34
Formula Used:
The equation of regression line is:
Y = a+bX
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