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The accompanying table shows a portion of a data set that refers to the property taxes owed by a homeowner {in 3} and the size

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The accompanying table shows a portion of a data set that refers to the property taxes owed by a homeowner {in 3} and the size of the home {in square feet} in an afuent suburb 30 miles outside New York City. 3 Click here forthe Excel Data File 3 Click here for the csv Data File Taxes Size 21, 934. 2, 345 13", 334- 2,434 29, 294. 2, 861 a. Estimate the sample regression equation that enables us to predict property taxes on the basis of the size of the home. {Round your answers to 2 decimal places.) T3333 = E + :| Size. b. Interpret the slope coefficient. D As Property Taxes increase by1 dollar, the size of the house increases by 678 ft. 0 As Size increases byi square foot, the property taxes are predicted to increase by $6.78. 1:. Predict the property taxes for a 1,500-square-foot home. (Round coefcient estimates to at teas: 4 decimal places and nal answer to 2 decimal places} _.-i-.._ Taxes A B C Taxes Size 21934 2345 17334 2434 18262 1903 15646 1103 43973 5739 33660 2572 15119 2374 16702 1828 18230 2017 16038 1338 15140 1246 36030 3042 31034 2849 42077 3447 14364 1451 38925 3953 25378 3951 22956 2523 16216 3567 29294 2861

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