A Realtor Wanted to Determine If There Was a Relationship

Essay

A realtor wanted to determine if there was a relationship between the size (in 100 square feet) of a new custom-built home and the price (in thousands of dollars) of home.
a. Draw a scatter plot.
b. Determine the regression line equation and plot the regression line on the scatter plot.
$\begin{array} { c c } \text { Size, } \boldsymbol { x } & \text { Price, } \boldsymbol { y } \\ 26 & 235 \\ 27 & 273 \\ 41 & 387 \\ 29 & 253 \\ 33 & 295 \\ 34 & 335 \\ 36 & 395 \\ 45 & 475 \\ 22 & 203 \end{array}$