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Household income Selling price 64,609 183,500 58,873 148,700 63,481 146,500 57,872 141,500 57,700 154,500 71,920 239,900 56,885 163,700 59,619 169,900 59,886 210,000 59,768 142,600 56,894
Household income | Selling price | |
64,609 | 183,500 | |
58,873 | 148,700 | |
63,481 | 146,500 | |
57,872 | 141,500 | |
57,700 | 154,500 | |
71,920 | 239,900 | |
56,885 | 163,700 | |
59,619 | 169,900 | |
59,886 | 210,000 | |
59,768 | 142,600 | |
56,894 | 194,700 | |
63,451 | 191,600 | |
72,780 | 244,800 | |
51,664 | 237,800 | |
73,227 | 408,100 | |
74,801 | 280,400 | |
72,997 | 329,000 | |
62,447 | 305,300 | |
63,173 | 176,500 | |
66,390 | 284,200 | |
63,805 | 210,600 | |
51,113 | 134,300 | |
48,829 | 129,500 | |
62,318 | 236,300 | |
53,681 | 237,900 | |
57,016 | 193,500 | |
51,348 | 148,400 | |
43,903 | 147,600 | |
81,084 | 290,500 | |
43,441 | 130,200 | |
50,343 | 189,900 | |
55,006 | 125,400 | |
54,971 | 170,700 | |
55,240 | 170,800 | |
59,295 | 199,900 | |
71,293 | 264,200 | |
45,392 | 99,000 | |
72,231 | 326,000 | |
61,125 | 257,600 | |
74,172 | 381,300 |
Create scatterplots using the data in the spreadsheet linked above and display the equation for the regression line.
What is the equation for the regression line that predicts selling price using household income as the explanatory variable?
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