The following table lists the monthly incomes (in hundreds of dollars) and the monthly rents paid (in hundreds of dollars) by a sample of six families. Let x be monthly income and y be monthly rent. Monthly Income Monthly Rent 24 7.0 16 4.5 19 6.5 31 9.5 12 4.5 27 8.5 Using the regression of monthly rent paid on monthly income. the predicted value of monthly rent paid by a family with a monthly income of $2700. rounded to the nearest dollar, is:

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The following table lists the monthly incomes (in hundreds of dallars) and the monthly rents paid (in hundreds of dollars) by a sample of
six families. Let x be monthly income and y be monthly rent.
Monthly Income Monthly Rent
24
7.0
16
4.5
19
6.5
31
9.5
12
4.5
27
8.5
Using the regression of monthly rent paid on monthly income. the predicted value of monthly rent paid by a family with a monthly
income of $2700. rounded to the nearest dollar, is:
Transcribed Image Text:The following table lists the monthly incomes (in hundreds of dallars) and the monthly rents paid (in hundreds of dollars) by a sample of six families. Let x be monthly income and y be monthly rent. Monthly Income Monthly Rent 24 7.0 16 4.5 19 6.5 31 9.5 12 4.5 27 8.5 Using the regression of monthly rent paid on monthly income. the predicted value of monthly rent paid by a family with a monthly income of $2700. rounded to the nearest dollar, is:
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