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Does the weight of a car predict its horsepower? Weight (in 1000s of pounds) and horsepower data was gathered on 32 cars. The regression equation is calculated to be y=-1.821 + 46.16x. A scatterplot is shown below. Weight vs Horsepower 300- 200 - Horsepower .. . . . . 100 - Weight\fThe R2 for this data is calculated to be 0.4339. Interpret this value in context. Edit View Insert Format Tools Table 12pt v Paragraph B I U A & TV V S/ V V . . .True or False: The slope in the regression equation represents the average y value when the x value is O. 0 True 0 False True or False: Residuals are the difference between the observed response variable value and expected response variable value. 0 True 0 False