High School

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A real estate agent made a scatter plot with homeowners' property taxes on the y-axis and the sizes of their homes, in square feet, on the x-axis. The variables have a strong linear correlation, and the equation for the least squares regression line is \( y = 1.792x + 1436.193 \).

Based on the equation, what should the agent expect the property taxes to be for a 1600-square-foot home in the area?

A. $5138.02
B. $2867.20
C. $3036.19
D. $4303.39

Answer :

The answer is D. Plug 1600 in as the x value and solve for y-hat.


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