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7) The following chart shows the distance from New City and the median housing prices in those regions. Distance from New | City (mi.) 12 Median home price (in $1000s) 390 15 28 20 400 310 290 410 400 300 25 490 370 350 320 400 13 10 18 a) Write the linear regression equation for this set of data, rounding values to the thousandths decimal place. b) Use the linear model to predict the median housing prices in a region 33 miles from New York City.

7) The following chart shows the distance from New City and the median housing prices in those regions. Distance from New | City (mi.) 12 Median home price (in $1000s) 390 15 28 20 400 310 290 410 400 300 25 490 370 350 320 400 13 10 18 a) Write the linear regression equation for this set of data, rounding values to the thousandths decimal place. b) Use the linear model to predict the median housing prices in a region 33 miles from New York City.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
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 4GP
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7) The following chart shows the distance from New City and the median housing prices in those regions. Distance Median home price (in $1000s) 390 from New City (mi.) 12 15 400 28 310 20 5 290 410 9. 400 25 300 490 370 2 13 10 350 18 320 8 400 a) Write the linear regression equation for this set of data, rounding values to the thousandths decimal place. b) Use the linear model to predict the median housing prices in a region 33 miles from New York City.
Transcribed Image Text:7) The following chart shows the distance from New City and the median housing prices in those regions. Distance Median home price (in $1000s) 390 from New City (mi.) 12 15 400 28 310 20 5 290 410 9. 400 25 300 490 370 2 13 10 350 18 320 8 400 a) Write the linear regression equation for this set of data, rounding values to the thousandths decimal place. b) Use the linear model to predict the median housing prices in a region 33 miles from New York City.
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