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Please explain why these answers are correct and how to solve them Different hotels in a certain area are randomly selected, and their ratings and

Please explain why these answers are correct and how to solve them

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Different hotels in a certain area are randomly selected, and their ratings and prices were obtained online. Using technology, with x representing the ratings and y representing price, we find that the regression equation has a slope of 120 and a y-intercept of -378. Complete parts (a) and (b) below. a. What is the equation of the regression line? Select the correct choice below and fill in the answer boxes to complete your choice. A y= + X OB. y = + (x C. y= - 378 + 120 )x OD y = + ( ) x b. What does the symbol y represent? A. The symbol y represents the expected price when the hotel's rating is 0. B. The symbol y represents the predicted value of price. XC. The symbol y represents the amount that price increases with a 1-point increase in rating. O D. The symbol y represents the average price of hotels in the area

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