Use the information provided in the passage to answer the next 8
questions.
Chris and Jason are moving to Jackson, MS, for college and need to find an apartment
to rent. They are interested in renting a 775-square-foot apartment that is listed for
$360 a month. They want to pay a fair price for the apartment, so they found
information on apartment size (in ft²) and monthly rent for 5 apartments that were
rented within the past week near campus.
Apartment
Apartment Size
(ft²)
Monthly
Rent
Amenities
1
760
$320
elevator
2
770
$330
covered parking
3
790
$350
laundry facilities
4
800
$380
elevator, gym,
covered parking
elevator, indoor
5
780
$360
pool, laundry
facilities
(b) The regression equation $$y = A + Bx$$ can be used to model the data in the table. What do
the variables B, x, and y represent in the equation? Select the correct description of each
variable.
B
y
monthly rent slope of the regression line size of the apartment
(c) Using the model $$y = A + Bx$$, compute the regression equation for the data in the
table.
Then, write the values for A and B into the text boxes in the equation below.
$$y = $$
+
$$x$$