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1) What is the regression equation for the model that predictsThe list price of condominiums or co-ops using median household income as an explanatory variable?

1) What is the regression equation for the model that predictsThe list price of condominiums or co-ops using median household income as an explanatory variable?

2) answer choice are 1) an increase 2) an decrease [blank] in the list price Of condominiums or co-ops as median house hold income increases.

3) answer choices are pictured

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Av % 9 J7 X V fx A C D E F G H 1 City Single family Condo or co- All homes Household in Unemploymentlation Atlanta, GA 403,000 298,000 317,000 55,279 8.5 498044 3 Minneapolis, 331,000 291,000 323,000 58,993 7.5 425403 Cincinatti, Ol 208,000 211,000 191,000 38,545 10.1 302605 5 San Diego, C 829,000 536,000 725,000 75,456 8.8 1426000 6 Reno, NV 450,000 247,000 441,000 54,916 6.9 250998 7 Portland, OR 518,000 411,000 514,000 65,740 8.9 653115 8 Sioux Falls, $ 257,000 175,000 248,000 59,017 3.4 181883 9 Kansas City, 184,000 219,000 187,000 52,405 7.5 491918 10 Chicago, IL 292,000 357,000 297,000 55,198 13.8 2706000 11 Savannah, G. 210,000 206,000 203,000 41,093 8.8 145862 12 Bloomington 261,000 188,000 248,000 34,435 4.7 84981 13 Seattle, WA 890,000 573,000 837,000 85,562 6.6 744955 14 Concord, NH 297,000 178,000 284,000 62,967 5.2 43412 5 Augusta, ME 172,000 130,000 176,000 40,340 5.4 18681 6 Des Moines, 162,000 186,000 165,000 52,251 6.4 216853 7 Lincoln, NB 228,000 186,000 225,000 55,224 3.2 287401 8 Nampa, ID 298,000 258,000 305,000 44,691 6.4 96252 9 Draper, UT 613,000 418,000 599,000 115,618 4.8 48319 0 Houston, TX 246,000 177,000 209,000 51,140 9.8 2326000 1 Memphis, TN 122,000 170,000 112,000 39,108 12.1 650618 22 Waco, TX 170,000 127,000 64,000 37,735 7.0 138183 23 Jackson, MS 68,438 121,000 48,579 37,563 9.3 164422 24 330,000 245,000 289,000 50,909 6.9 392890 Atlantic City, 134,000 112,000 123,000 27,786 15.8 37804 Bozeman, M 535,000 343,000 499,000 51,896 3.9 48532 Las Vegas, N 333,000 183,000 318,000 54,694 14.1 644644 San Francisc 1,640,000 1,280,000 1,490,000 104,552 8.4 888305 29 Philadelphia, 209,000 335,000 216,000 43,744 11.7 1584000 Charlotte, NO 311,000 234,000 280,000 60,886 8.1 872498 Ann Arbor, M 440,000 282,000 412,000 63,956 5.0 121890 Charleston, S 407,000 303,000 364,000 64,599 4.8 133762 San Antonio, 215,000 165,000 213,000 46,317 8.0 1487000 35 36 4 Sheet1 Edit MAY O 23 stv MacBook Air 20 389 esc F1 F2 E3 F4 F5 F6 $ % A # B N 5

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