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Answer :
Answer:
The correct option is b.
Step-by-step explanation:
It is given that y-axis of a scatter plot represents the property taxes and x-axis represents the sizes of their homes, in square feet.
The equation of least squares regression line is
[tex]y=2.098x-254.098[/tex]
We have to find the property taxes to be for a 1300-square-foot home in the area.
Substitute x=1300 in the given equation.
[tex]y=2.098(1300)-254.098[/tex]
[tex]y=2727.4-254.098[/tex]
[tex]y=2473.302[/tex]
[tex]y\approx 2473.30[/tex]
The property taxes for a 1300-square-foot home in the area is $2473.30. Therefore the correct option is b.
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Rewritten by : Barada
b. If square-foot is on the x-axis then we can substitute for x in the equation and solve, and when we do, we get 2473.302 which is is B when rounded.
