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3. Add the point of averages, the SD line, and the regression line to the plot. 2500 2000' Rent per month (dollars) 1000 1500 500
3. Add the point of averages, the SD line, and the regression line to the plot. 2500 2000' Rent per month (dollars) 1000 1500 500 500 1000 1500 Size (square feet) 4. Add three points showing the size and predicted prices for the three apartments in #1. 5. What point on the graph shows the average price of all the 1600 square foot apartments? 6. An apartment is 2 SDs above average in both size and price. (a) Indicate where this point is on the graph. (b) Is this apartment a good deal (based only on size)? Explain why or why not
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