What is the interpretation of the slope?1. Decrease in household income as mortgage amount increases 2. Decrease in mortgage amount as household income increases 3. Increase in household income as mortgage amount increases 4. Increase in mortgage amount as household income increases 5. No practical interpretation What is the interpretation of the intercept 1. Household income when mortgage amount is 02. Mortgage amount when household income is 03. No practical interpretation

The equation for the regression line that predicts mortgage amount using household income as the explanatory variable is Y = 4.2X - 74430 What is the interpretation of the slope? Pick V What is the interpretation of the intercept? Pick V