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The table contains the value of the house and the amount of rental income in a year that the house brings in (Capital and rental,
The table contains the value of the house and the amount of rental income in a year that the house brings in ("Capital and rental," 2013).Make a scatter plot and find a regression equation between house value and rental income.Then use the regression equation to find the rental income a house worth $230,000 and for a house worth $400,000.Which rental income that you calculated do you think is closer to the true rental income?Why?
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