9:01 PM Tue Aug 16 G mylab.pearson.com MATH& 146 (20274) SU Anna Stoebe Submit quiz This quiz: 8 point(sl possible This question: 1 point(s) possible E Quiz: Quiz 7 Question 3 of 8 A regression analysis of 117 homes for sale produced the following model. where price is in thousands of dollars and size is in square feet, Question list I EE=47,82+0.065(Size) a) Explain what the slope of the line says about housing prices and house size. b) What price would you predict for a 3000-square-foot house in this market? 1:) A real estate agent shows a potential buyer a 1300-square-foot house, saying that the asking price is $6000 less than what one would expect to pay for a house of this size. What is O QueSt'O\" 1 the asking price, and what is the $6000 called? 0 Question 2 0 Question 3 3) Explain what the slope of the line says about housing prices and house size 0 Question 4 O A. For every additional square foot of area of a house, the price is predicted to increase by $65. 0 B. For every $1 increase in price of a house, the size is predicted to increase by 65 square feet. 0 Question 5 O c. For every $1000 increase in price of a house, the size is predicted to increase by 0,065 square feet, 0 D. For every additional square foot of area of a house, the price is predicted to increase by $0,065. 0 QueStion 6 b) What price would you predict for a 3000-square-foot house in this market? 5 0 Question 7 c) A real estate agent shows a potential buyer a 1300-square-foot house, saying that the asking price is $6000 less than what one would expect to pay for a house of this size. What is the asking price? . $ 0 Question 8 What is the $6000 called? 0 A. Intercept O B. Residual O C. Predicted value 0 D. Slope (9 Time Remaining: 00:55:19 m