please answer the last question on the screenshot.  "what is the interpretation of the intercept?"

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
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Chapter4: Linear Functions
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Problem 30PT: For the following exercises, use Table 4 which shows the percent of unemployed persons 25 years or...
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please answer the last question on the screenshot. 

"what is the interpretation of the intercept?"

4:49 WWD
J 89%
housing (5)
fx
A
C
D
E
F
1
Debt-to-income Loan amount
2
35
127000
13
64845
4
18
87065
44
97000
47
37000
7
40
54189
8
11
80000
9.
59
87500
'Debt-to-income ratio' and 'Loan amount'
appear to form a cluster with 2 outliers.
10
21
253000
11
15
51000
12
30
165000
450
400
13
9
22853
350
14
17
188815
300
15
29
35000
250
16
38
34221
200
17
33
115000
150
18
30
77220
100
50
19
34
79000
20
42
73656
10
20
30
40
50
60
70
21
14
78000
Debt-to-income ratio
22
14
56668
23
23
95920
24
21
55825
25
39
163240
26
17
81389
27
18
101300
28
21
122606
29
15
86339
30
16
183623
31
10
126412
32
23
44000
33
22
69832
34
43
157500
35
23
70000
36
24
77518
37
10
88792
38
35
57661
39
16
40590
40
22
73000
41
44
48048
42
34
111430
43
25
257477
44
17
105000
45
9.
36000
46
15
145138
47
46
95000
48
31
117000
49
18
132792
50
12
45000
51
42
393400
52
53
54
55
56
57
58
59
60
61
62
63
64
65
Loan amount
Thousands
>
Transcribed Image Text:4:49 WWD J 89% housing (5) fx A C D E F 1 Debt-to-income Loan amount 2 35 127000 13 64845 4 18 87065 44 97000 47 37000 7 40 54189 8 11 80000 9. 59 87500 'Debt-to-income ratio' and 'Loan amount' appear to form a cluster with 2 outliers. 10 21 253000 11 15 51000 12 30 165000 450 400 13 9 22853 350 14 17 188815 300 15 29 35000 250 16 38 34221 200 17 33 115000 150 18 30 77220 100 50 19 34 79000 20 42 73656 10 20 30 40 50 60 70 21 14 78000 Debt-to-income ratio 22 14 56668 23 23 95920 24 21 55825 25 39 163240 26 17 81389 27 18 101300 28 21 122606 29 15 86339 30 16 183623 31 10 126412 32 23 44000 33 22 69832 34 43 157500 35 23 70000 36 24 77518 37 10 88792 38 35 57661 39 16 40590 40 22 73000 41 44 48048 42 34 111430 43 25 257477 44 17 105000 45 9. 36000 46 15 145138 47 46 95000 48 31 117000 49 18 132792 50 12 45000 51 42 393400 52 53 54 55 56 57 58 59 60 61 62 63 64 65 Loan amount Thousands >
CHALLENGE ACTIVITY
2.3.1: Excel: Income and house prices.
Click this link to download the spreadsheet for use in this activity.
Jump to level 1
2
Create scatterplots using the data in the spreadsheet linked above and display the
equation for the regression line.
What is the equation for the regression line that predicts home equity using credit
score as the explanatory variable?
Ý = Ex: 1.234 x + (Ex: 1.234 )
What is the interpretation of the slope?
Pick
What is the interpretation of the intercept?
Pick
Credit score when home equity is
Home equity when credit score is 0
No practical interpretation
>
Transcribed Image Text:CHALLENGE ACTIVITY 2.3.1: Excel: Income and house prices. Click this link to download the spreadsheet for use in this activity. Jump to level 1 2 Create scatterplots using the data in the spreadsheet linked above and display the equation for the regression line. What is the equation for the regression line that predicts home equity using credit score as the explanatory variable? Ý = Ex: 1.234 x + (Ex: 1.234 ) What is the interpretation of the slope? Pick What is the interpretation of the intercept? Pick Credit score when home equity is Home equity when credit score is 0 No practical interpretation >
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