Question 10 Unsaved
A real estate agent made a scatter plot with the size of homes, in square feet, on the x-axis and the homeowner's property taxes on the y-axis. The variable have a strong linear correlation and the equation for the least squares regression line is yˆ=0.392x+638.118.
Based on the equation, what should the agent expect the property tax to be for a 2,400-square foot home in the area?
Question 10 options:
$2,464.12
$1,578.92
$1,190.94
$940.80