The square footage and monthly rental of 10 similar one-bedroom apartments yield the linear regression equation y
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The square footage and monthly rental of 10 similar one-bedroom apartments yield the linear regression equation y = 0.775 x 1950.25, where x represents the square footage of the apartment and y represents the monthly rental price. Grace can afford $1,500 per month rent. Using the equation, what size apartment should she expect to be able to rent for that price?
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Related Book For
Financial Algebra Advanced Algebra With Financial Applications
ISBN: 9781337271790
2nd Edition
Authors: Robert Gerver, Richard J. Sgroi
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