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19. Scenario: Apartments. It is known that rents for apartments in the suburbs of New Orleans are correlated with the area of the apartment. One

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19. Scenario: Apartments. It is known that rents for apartments in the suburbs of New Orleans are correlated with the area of the apartment. One real estate agent wonders how much area of the apartment affec the apartment rent. The following descriptive statistics and scatterplot are from a set of data giving the area of apartments (Area) and the rent of aprartments (Rent) in the New Orleans area. Descriptive Statisles N Sum Mean Devision Arca 11 10.590 963 103 Rent 11 10.943 998 146 Zx_Omes_Zy 8.29 Vald N a) What is the appropriate regression equation? a. y= 1.2 - 137.5x by= 103.0 + 83x c. y = -137.5 - 8.3x d. y= -137.5 + 1.2x

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