Answered step by step
Verified Expert Solution
Question
1 Approved Answer
I created a scatterplot concerning house prices, square footage etc, blah blah blah. Y is in dollars and X is in square feet. I find
I created a scatterplot concerning house prices, square footage etc, blah blah blah. Y is in dollars and X is in square feet. I find the slope it is in square feet (X). I find the intercept (Y) it is in dollars, right? Now, I have a slope of 92.719 sq ft and an intercept of 61238.67. In dollars that is $61,239.00? If no, then how do I express it as dollars? Sorry. I am sure this is easy peasey for you, but I am at my wits end with Statistics...thanks for your help.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started