A researcher wants to develop a model to predict the taxes of houses, based on assessed value, A sample of 10 single family houses listed for sale in a particular region is selected The taxes (In $] and the assessed value of the houses (in $thousands] are recorded, with the accompanying results. Complete parts (a] through (q) below. Click the icon to view the house data. a. Construct a scatter plot and, assuming a lingar relationship, use the least squares mothed to compute the regression coefficients by and by Construct a scatter plot. Choose the correct graph below OA O B. OC. OD. 600D 3000 2000 2080- 200A researcher wants to develop a model to predict the lakes of houses, based on assessed value. A sample of 30 single-family houses listed for sale in a particular region Is solocled The taxes (n 5) and the assessed value of the houses (in Sthousands) are recorded with the accompanying results. Complete parts (a) through (o) below I Click the icon to view the house data Determine the regression cooli clients by and by (Round to three decimal places as noded. Do not include the $ symbol in your answers ] b. Interpret the meaning of the slope coefficient, by Interpret the slope. If appropriate. Choose the conect answer below A. The slope Indicates that for each Increase of $1000 in assessed value. the predicted taxes are estimated to increase by a value equal to by O' B. It is not appropriate to interpret the slope because it is outside the range of stoned taxes.A researcher wants to develop a model to predict the taxes of houses, based on assessed value. A sample of 30 single-family houses listed for sale in a particular region isiselected The taxes (in $) and the assessed value of the houses (in $thout ands) are recorded, with the accompanying results. Complete parts (a) through (g) below TH Click the icon to view the house data: () U. B not appropriate to interpret the slope because it is outside the range of observed tacos O C. It is not appropriate to interpret the slope because it is outside the range of observed assessed values O D. The slope indicates that for much increase of $1 in taxes, the predicted assessed value in estimated to increase by a value equal to $1000 - by c. Use the prediction line developed in (a) to predict the moan taxes for a house whose assessed value $ $350,000. (Round to the nearest dollar as needed ) d. Determine the coefficient of determination, ro. and Interpret its meaning in this problem. Select the correct choice below and fl In the answer box within your choice (Found to three decimal places as needed.)A researcher wants to develop a model to predict the taxes of houses, based on assessed value. A sample of 30 single-family houses listed for sale in a particular region is selected The taxes (In $) and the assessed value of the houses (In Sthousands) are recorded, with the accompanying results Complete parts (a) through (g) below. Click the icon to view the house data. d. Doformine the coallicient of determination, r", and Interpret its meaning in this problem, Select the correct choice below and fill in the answer bax within your choice (Round to three decimal places as needed.) O A: The coefficient of determination is = This value is the proportion of variation in taxes that is explained by the variation in assessed value. O B. The coefficient of determination is r This value is the proportion of variation in assessed value that is explained by the variation in taxes O C. The coefficient of determination is r = This value is the probability that the correlation Between the variables is statistically significant O D. The coefficient of determination is r = This value is the probability that the slope of the regression line is statistically significant e. At the 0:05 level of significance, is there evidence of a linear rolationship between taxes and assessed value?A researcher wants to develop a model to predict the taxes of houses, based on assessed value, A sample of 30 single-family houses listed for sale in a particular region is selected The taxes (in $) and the assessed value of the houses (In Sthousands) are recorded, with the accompanying results. Complete parts (a) through (ol below. : Click the icon to view the house data e. At the 0.05 level of significance. Is there evidence of a linear relationship between taxes and assessed value? State the null and alternative hypotheses Ho B. (Type Integers or decimals, Do not round } Determine the test staffatic. ISTAT [Round to two decimal places as needed )A researcher wants to develop a model to predict the taxes of houses, based on assessed value. A sample of 30 single-family houses listed for sale in a particular region is selected The taxes (in $) and the assessed value of the houses (In $thousands) are recorded, with the accompanying results. Complete parts (a) through (g) below. Click the icon to view the house data. (Type integers or decimals. Do not round,) Determine the test statistic. ISTAT (Round to two decimal places as needed ) Doforming the p-value The p-value is (Round to three decimal places as nooded)