Question

PLEASE HELP ME WITH:

Answer 1

B.  If square-foot is on the x-axis then we can substitute for x in the equation and solve, and when we do, we get 2473.302 which is is B when rounded. 

Answer 2

Answer:

The correct option is b.

Step-by-step explanation:

It is given that y-axis of a scatter plot represents the property taxes and x-axis represents the sizes of their homes, in square feet.

The equation of least squares regression line is

$y=2.098x-254.098$

We have to find the property taxes to be for a 1300-square-foot home in the area.

Substitute x=1300 in the given equation.

$y=2.098(1300)-254.098$

$y=2727.4-254.098$

$y=2473.302$

$y\approx 2473.30$

The property taxes for a 1300-square-foot home in the area is $2473.30. Therefore the correct option is b.