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(g) Is it reasonable to interpret the y-intercept? Why? Select the correct choice below and, if necessary, fill in the answer box to complete your choice. A. Yes-a house of square feet is possible and within the scope of the model. (Type an integer or a simplified fraction.) OB. No a house of square feet is not possible and outside the scope of the model. (Type an integer or a simplified fraction.) OC. No a house of square feet is outside the scope of the model (Type an integer or a simplified fraction.) OD. No a house of square feet is not possible. (Type an integer or a simplified fraction.) OE. More information about the houses is necessary before deciding. (h) One home that is 1431 square feet is sold for $220 thousand. Is this home's price above or below average for a home of this size? The home's price is the average price. The average price of a home that is 1431 square feet is S thousand. (Round to the nearest whole number as needed.)

(g) Is it reasonable to interpret the y-intercept? Why? Select the correct choice below and, if necessary, fill in the answer box to complete your choice. A. Yes-a house of square feet is possible and within the scope of the model. (Type an integer or a simplified fraction.) OB. No a house of square feet is not possible and outside the scope of the model. (Type an integer or a simplified fraction.) OC. No a house of square feet is outside the scope of the model (Type an integer or a simplified fraction.) OD. No a house of square feet is not possible. (Type an integer or a simplified fraction.) OE. More information about the houses is necessary before deciding. (h) One home that is 1431 square feet is sold for $220 thousand. Is this home's price above or below average for a home of this size? The home's price is the average price. The average price of a home that is 1431 square feet is S thousand. (Round to the nearest whole number as needed.)

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.3: Measures Of Spread
Problem 1GP
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12:38 Data Table Square Footage, x 2148 3231 1177 1988 3064 2735 4146 2215 2625 1629 1773 3887 K One of the biggest factors in determining the value of a home is the square footage. The accompanying data represent the square footage and selling price (in thousands of dollars) for a random sample of homes for sale in a certain region. Complete parts (a) through (h) below. Click the icon to view the housing data. ||| = Print Selling Price ($000s), y 371.1 382.2 197.6 339.9 614.9 364.7 632.7 377.7 427.5 285.9 268.9 701.4 Done O Vo) 1 0 ا... 46 ... 2 48% X
Transcribed Image Text:12:38 Data Table Square Footage, x 2148 3231 1177 1988 3064 2735 4146 2215 2625 1629 1773 3887 K One of the biggest factors in determining the value of a home is the square footage. The accompanying data represent the square footage and selling price (in thousands of dollars) for a random sample of homes for sale in a certain region. Complete parts (a) through (h) below. Click the icon to view the housing data. ||| = Print Selling Price ($000s), y 371.1 382.2 197.6 339.9 614.9 364.7 632.7 377.7 427.5 285.9 268.9 701.4 Done O Vo) 1 0 ا... 46 ... 2 48% X
One of the biggest factors in determining the value of a home is the square footage. The accompanying data represent the square footage and selling price (in thousands of dollars) for a random sample of homes for sale in a certain region. Complete parts (a) through (h) below. Click the icon to view the housing data. (Round to two decimal places as needed.) OD. For a house that is 0 square feet, the predicted selling price is thousand dollars. (Round to two decimal places as needed.) OE. It is not appropriate to interpret the slope. (g) Is it reasonable to interpret the y-intercept? Why? Select the correct choice below and, if necessary, fill in the answer box to complete your choice. OA. Yes-a house of (Type an integer or a simplified fraction.) OB. No a house of square feet is possible and within the scope of the model. OC. No-a house of (Type an integer or a simplified fraction.) square feet is not possible and outside the scope of the model. OD. No-a house of square feet is outside the scope of the model (Type an integer or a simplified fraction.) square feet is not possible. (Type an integer or a simplified fraction.) OE. More information about the houses is necessary before deciding. (h) One home that is 1431 square feet is sold for $220 thousand. Is this home's price above or below average for a home of this size? The home's price is the average price. The average price of a home that is 1431 square feet is S thousand. (Round to the nearest whole number as needed.)
Transcribed Image Text:One of the biggest factors in determining the value of a home is the square footage. The accompanying data represent the square footage and selling price (in thousands of dollars) for a random sample of homes for sale in a certain region. Complete parts (a) through (h) below. Click the icon to view the housing data. (Round to two decimal places as needed.) OD. For a house that is 0 square feet, the predicted selling price is thousand dollars. (Round to two decimal places as needed.) OE. It is not appropriate to interpret the slope. (g) Is it reasonable to interpret the y-intercept? Why? Select the correct choice below and, if necessary, fill in the answer box to complete your choice. OA. Yes-a house of (Type an integer or a simplified fraction.) OB. No a house of square feet is possible and within the scope of the model. OC. No-a house of (Type an integer or a simplified fraction.) square feet is not possible and outside the scope of the model. OD. No-a house of square feet is outside the scope of the model (Type an integer or a simplified fraction.) square feet is not possible. (Type an integer or a simplified fraction.) OE. More information about the houses is necessary before deciding. (h) One home that is 1431 square feet is sold for $220 thousand. Is this home's price above or below average for a home of this size? The home's price is the average price. The average price of a home that is 1431 square feet is S thousand. (Round to the nearest whole number as needed.)
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