This would be about 13 cm
He saves $124.90 because $389.90 - $265.00 = 124.90 and so that is the difference in the prices which is the answer.
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The regression line will be y = 20.64 - 0.3038x.
<h3>How to explain the regression?</h3>
It should be noted that regression is a statistical method that determine the relationship between the variables.
Here, the regression line will be y = 20.64 - 0.3038x. The slope coefficient is -0.03038 and the intercept is 20.460.
The slope coefficient defines that for a unit increase in the percentage of vacancy rate will reduce 0.3038 unit of monthly office rent.
Learn more about regression on:
brainly.com/question/25987747
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