Answer:
Check the explanation
Step-by-step explanation:
Scatter plot
x---square feet
y---rent
SolutionA:
Kindly check the attached image below:
THERE EXISTS A WEAK POSITIVE RELATIONSHIP BETWEEN SQUARE FEET AND RENT .
AS SQUARE FEET INCREASES RENT INCREASES
SolutionB:
Rent=0.4932(squarefeet)+992.99
slope=m=0.4932
Y intercept=992.99
SolutionC:
Interpretation of slope:
slope =m=change in rent/change in square foot
For a unit increase in square feet rent increases by 0.4932
Interpretation of y intercept:
when square feet=0 rent is 992.99
Solutiond:
when squarefeet=800
Rent=0.4932(squarefeet)+992.99
=Rent=0.4932(800)+992.99
=1387.55
