Data for a sample of 30apartments 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.

Rent Size

950 850

1500 1450

1150 1085

1400 1232

950 718

1700 1485

1550 1136

935 726

875 700

1050 956

1400 1100

1650 1500

1875 1985

1800 1674

1395 1223

1375 1225

1100 1300

1500 1345

1200 1150

1150 896

1100 1361

1150 1040

1200 755

800 1000

850 1200

500 650

900 1100

1000 900

1025 1000

900 953

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 the 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.

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