Statistics: Informed Decisions Using Data (4th Edition)

Published by Pearson
ISBN 10: 0321757270
ISBN 13: 978-0-32175-727-2

Chapter 4 - Review - Review Exercises - Page 247: 5c

Answer

Below average.

Work Step by Step

In the given data, the rent per month for this apartment is 1250 dollars. The average value using the least-squares regression line (make $x=825$): $ŷ =2.209x−34$ $ŷ =2.209\times825-34$ $ŷ =1788.425$ But, $1250\lt1788.425$
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