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 248: 12a

Answer

$ŷ =2.100x-347$

Work Step by Step

In MINITAB, enter the square footage values for Nassau County in C1 and in C2 enter the rent per month values for Nassau County. Select Stats -> Regression -> Regression -> Fit Regression Model Enter C2 in "Responses" and C1 in "Continuous Predictors" The least-squares regression line ($ŷ =b_1x+b_0$) will be shown in "Regression Equation", where C2 is $ŷ $ (rent per month) and C1 is $x$ (square footage)
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