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Suppose that in a certain neighborhood, the cost of a home (in thousands) is proportional to the size of the home in square feet. If

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Suppose that in a certain neighborhood, the cost of a home (in thousands) is proportional to the size of the home in square feet. If the regression equation quantifying this relationship is found to be (price) = 11.42*(size) + 74.93, how much would you expect to pay for a home with 1368 square feet? 1) 15697.49 2) 102515.66 3) 113.23 4) We do not know the observations in the data set, so we cannot answer that question. 5) 15622.56

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