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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 35] 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 35] and the size of the home {in square feet] in an afuent suburb 30 miles outside New York City. Click here for the Excel Data File Click here for the csv Data File Taxes 51:? 21, 934 2, 345 1?, 334 2,434 29, 294 2, 561 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.) -I'---. Tamas = +| | Size. b. Interpret the slope coefficient. 0 As Property Taxes increase by 1 dollar, the size of the house increases by 6.78 ft. 0 As Size increases by'l square foot, the property taxes are predicted to increase by $6.78. c. Predict the property taxes for a 1,500squarefoot home- {Round coefcient estimates to at least 4 decimal places and nal answer to 2 decimal places.} __.ii.__ Tomes |:|

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