2. One of the biggest factors in determining the value of a home is the square footage. The following data represent the square footage and asking price (in thousands of dollars) for a random sample of homes for sale in Naples, Florida, in December 2010. Square Asking Footage Price [$3 \" 154.000 1 096 1 59 . 900 1142 169.000 1 288 1 69 . 900 1 322 1 r0 . 000 1466 1 N . 900 1 34-1 1 80 . 000 warm meson a) On the axes above, draw a scatter diagram treating the square footage as the explanatory variable and asking price as the response variable. Label the graph! There is a linear relationship between the square footage and asking price. For each of the following. use the proper format for the monetary values. b) State the linear correlation coefficient c) Find the least-squares regression line. d) Predict the asking price if the square footage is 1500. e) Would a prediction for the asking price ofa home that is 3350 square feet be reasonable? Why or Why not? Use a complete sentence and proper grammar. f) Interpret the slope. Use a complete sentence and proper grammar. Q) Is it reasonable to interpret the y-intercept? Why or why not