The table is missing in the question. The table is attached below.
Solution :
Let X = appraised value
Y = area (square feet)
The regression line is given by :
The regression line is :
To estimate the error variance, we have:
Error variance,
Answer:
x + 3y = 15
Step-by-step explanation:
Line is passing through the points
Slope of line (m)= (2 - 4)/(9 - 3) = -2/6 = -1/3
Equation of line in point-slope form is given as:
Plugging the values of in the above equation we find:
This is the required equation of line in the form