One of the biggest factors in determining the value of a home is the square footage. The accompanying data represent the square footage and selling price (in thousands of dollars) for a random sample of homes for sale in a certain region. Complete parts (a) through (h) below.
One of the biggest factors in determining the value of a home is the square footage. The accompanying data represent the square footage and selling price (in thousands of dollars) for a random sample of homes for sale in a certain region. Complete parts (a) through (h) below.
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter7: Analytic Trigonometry
Section7.6: The Inverse Trigonometric Functions
Problem 93E
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Question
Transcribed Image Text:11:59
K
One of the biggest factors in determining the value of a home is the square footage. The accompanying data
represent the square footage and selling price (in thousands of dollars) for a random sample of homes for sale in a
certain region. Complete parts (a) through (h) below.
Click the icon to view the housing data.
(a
10
(•••
(f) Interpret the slope. Select the correct choice below and, if necessary, fill in the answer box to complete your
choice.
OB. For a house that is sold for $0, the predicted square footage is
(Round to three decimal places as needed.)
OA. For every additional thousand dollars in selling price, the square footage increases by
average.
(Round to three decimal places as needed.)
OC. For a house that is 0 square feet, the predicted selling price is
(Round to three decimal places as needed.)
OD. For every additional square foot, the selling price increases by
(Round to three decimal places as needed.)
OE. It is not appropriate to interpret the slope.
O A. No-a house of square feet is not possible.
(Type an integer or a simplified fraction.)
2 | 46 | - 40%
LTE2
OD. No-a house of square feet is outside the scope of the model
(Type an integer or a simplified fraction.)
O E. More information about the houses is necessary before deciding.
crow.
(g) Is it reasonable to interpret the y-intercept? Why? Select the correct choice below and, if necessary, fill in the
answer box to complete your choice.
The home's price is
thousand.
(Round to the nearest whole number as needed.)
OB. No-a house of square feet is not possible and outside the scope of the model.
(Type an integer or a simplified fraction.)
|||
OC. Yes-a house of square feet is possible and within the scope of the model.
(Type an integer or a simplified fraction.)
=
thousand dollars.
thousand dollars, on average.
(h) One home that is 1477 square feet is sold for $225 thousand. Is this home's price above or below average for a
home of this size?
O
square feet, on
the average price. The average price of a home that is 1477 square feet is $
Transcribed Image Text:Square Footage, x
2192
3178
1077
2026
3105
2860
3944
2150
2507
1707
1699
3718
Selling Price ($000s), y
378.1
373.7
181.9
346
621.5
383.6
601.1
367.4
409.1
298.1
257.3
675.2
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