10. The following is the equation for a regression line concerning square footage and rent for apartments. Rent = -34 + 2.21(square footage) As square footage increases by one foot, rent A. goes down by $34. B. goes up by $34. C. goes down by $2.21. D. goes up by $2.21.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section4.6: Regression And Median-fit Lines
Problem 6PPS
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10. The following is the equation for a regression line concerning square footage and
rent for apartments.
Rent = -34 + 2.21(square footage)
As square footage increases by one foot, rent
A. goes down by $34.
B. goes up by $34.
C. goes down by $2.21.
D. goes up by $2.21.
11.
measures the value of a variable relative to its value at a base
period.
A. A base Index
B. An index number
C. A market basket
D. A fixed market basket
12. An index number of 400 means
A. goods cost 3 times as much as the base year.
B. goods cost 4 times as much as the base year.
C. goods cost 40 times as much as the base year.
D. goods cost 400 times as much as the base year.
Transcribed Image Text:10. The following is the equation for a regression line concerning square footage and rent for apartments. Rent = -34 + 2.21(square footage) As square footage increases by one foot, rent A. goes down by $34. B. goes up by $34. C. goes down by $2.21. D. goes up by $2.21. 11. measures the value of a variable relative to its value at a base period. A. A base Index B. An index number C. A market basket D. A fixed market basket 12. An index number of 400 means A. goods cost 3 times as much as the base year. B. goods cost 4 times as much as the base year. C. goods cost 40 times as much as the base year. D. goods cost 400 times as much as the base year.
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