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the value of the house and the amount of rental income in a year that the house brings in .Draw scatter plot and find a

the value of the house and the amount of rental income in a year that the house brings in .Draw 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?

value of house

81000 95000 121000 135000 145000 165000 178000 20000 214000 240000 289000 325000 77000 94000 115000 130000 140000 165000 174000 20000 208000 240000 270000 310000 75000 90000 110000 126000 140000 155000 170000 194000 200000 240000 262000 303000 67500 85000 104000 125000 135000 148000 170000 190000 200000 225000 244500 300000

Rental

6656 7904 12064 8320 8320 13312 11856 12272 8528 10192 11648 12480 4576 8736 7904 9776 9568 8528 10400 10608 10400 12064 12896 12480 7280 6240 7072 6240 9152 7488 9568 11232 10400 11648 10192 12272 6864 7072 7904 7904 7488 8320 12688 8320 8320 12480 11232 12480

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