Lab Ch. 4 continued 2. One of the biggest factors in determining the value of a home Is the square footage. The following data represent the square footage and asking price (in thousands of dollars) for a random sample of homes for sale in Naples. Florida. in December 2010. 169.000 169 900 170.000 179.900 180.000 189 900 a) 0n the axes above. draw a scatter diagram treating the square footage as the explanatory variable and asking price as the response variable. Label the graph! There Is a linear relationship between the square footage and asking price. For each of the following, use the proper format for the monetary values. b) State the linear correlation coefcient c) Find the least-squares regression line. d) Predict the asking price if the square footage is 1500. 9) Would a prediction for the asking price of a home that is 3350 square feet be reasonable? Why or Why not? Use a complete sentence and proper grammar. f) Interpret the slope. Use a complete sentence and proper grammar. 9) Is it reasonable to interpret the y-intercept? Why or why not