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The following table shows the average price of a two-bedroom apartment in downtown New York City from 1994 to 2004 (1=0 represents 1994). Year 0

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The following table shows the average price of a two-bedroom apartment in downtown New York City from 1994 to 2004 (1=0 represents 1994). Year 0 2 4 6 8 10 Price p (S million) 0.21 0.73 0.52 0.45 1.42 2.15 Find the correlation coefficient AND use the multiple-choice selections to explain if the regression line is a good fit. Correlation Coefficient: O Since |r| 0.8, then the regression line is a good fit. O Since |r| > 0.8, then the regression line is not a good fit

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