Mathematics, 08.07.2020 18:01, bellavelasco

Using data on the appraised value of homes, a real estate agent computes the least-squares regression line for predicting a home’s value in 2002 from its value in 1992. The equation of the least-squares regression line is LaTeX: \hat{y}y ^ = 22,000 + 1.6LaTeX: xx where LaTeX: yy represents a home’s value in 2002 and LaTeX: xx is the value in 1992. A home’s value in 1992 is

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Using data on the appraised value of homes, a real estate agent computes the least-squares regressio...