An agent for a real estate company in a large city would like to be able to predict the monthly rental cost for apartments, based on the size of the apartment, as dened by square footage. A sample of eight apartments in a neighborhood was selected, and the information gathered revealed the data shown below. For these data, the regression coefcients are be = 169.6359 and b1 = 1.0126. Complete parts (a) through (d), Monthly Rent($) 900 1,600 800 1,600 1,950 925 1,700 1,350 B Size (Square Feet) 900 1,200 1,050 1,150 1,900 700 1,350 1,100 r2 = 0.698 (Round to three decimal places as needed.) What is the meaning of r2? r2 measures the proportion of variation in apartment size that can be explained by the variation in monthly rent. r2 measures the proportion of variation in monthly rent that cannot be explained by the variation in apartment size. r2 measures the proportion of variation in apartment size that cannot be explained by the variation in monthly rent. r2 measures the proportion of variation in monthly rent that can be explained by the variation in apartment size. b. Determine the standard error of the estimate, SYX' and interpret its meaning. SYX = 255.288 (Round to three decimal places as needed.) What is the meaning of SYX? . SYX measures the typical difference between an apartment's size and the size predicted by the regression equation. . SYX measures the amount by which an apartment's rent is less than the rent predicted by the regression equation. (:3, D. SYX measures the amount by which an apartment's rent is greater than the rent predicted by the regression equation. example Get more help - . SYX measures the typical difference between an apartment's actual rent and the rent predicted by the regression equation