Data for a sample of 30 apartments in a particular neighborhood are provided in the worksheet. You want to see if there is a direct relationship between Size of the Apartment and Rent.

Using the estimated regression equation found by using Size as the predictor variable, find a point estimate for the average monthly Rent for apartments having 1,000 square feet of space.

Place your answer, rounded to the nearest whole dollar, in the blank. When entering your answer do not use any labels, commas or symbols. Simply provide the numerical value. For example, 1234 would be a legitimate entry.

Rent: 950 1500 1150 1400 950 1700 1550 935 875 1050 1400 1650 1875 1800 1395 1375 1100 1500 1200 1150 1100 1150 1200 800 850 500 900 1000 1025 900

Size: 850 1450 1085 1232 718 1485 1136 726 700 956 1100 1500 1985 1674 1223 1225 1300 1345 1150 896 1361 1040 755 1000 1200 650 1100 900 1000 953