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Bonus: Suppose that we survey certain zip codes and collected two data points: the average household income (the explanatory variable} and the average home price

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Bonus: Suppose that we survey certain zip codes and collected two data points: the average household income (the explanatory variable} and the average home price (the predicted vari- able), both measured in thousands of dollars. 'We notice a linear correlation and determine that the LSRL is g} = 4.666711: * 133.35 How much would we expect a home to cost in a neighborhood with an average household income of $110,000? If two neighborhoods differ in average household income by $30,000, how much would we expect. the average home prices to differ?) (Note that we are measuring in thousand of dollars, so a data point of (45, 130) means an average income is $45,000 paired with an average home price of $130,000.)

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