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A real estate agent wishes to estimate the monthly rental for apartments based on the size (square feet) and location of the apartments. She 1

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A real estate agent wishes to estimate the monthly rental for apartments based on the size (square feet) and location of the apartments. She 1 if located in town center chose the model y = [30 + (31x1 + [32x2 + a, where x1 represents the square footage of the apartment and x2 = 0 if not located in town center I This linear regression model was tted to a sample of size 50 to produce the regression equation below. Complete parts a through c. 37: 130 +1.3x1 + 300x2 a. Predict the average monthly rent for an apartment located in the town center that has 1,500 square feet. $l:| (Simplify your answer.) b. Predict the average monthly rent for an apartment located in the suburbs that has 1,500 square feet. $|:| (Simplify your answer.) 0. Interpret D2 in the context of this exercise. Based on these data, and holding the |:l constant, it is estimated that an apartment is worth $|:| more if it |:l located in the town center

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