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What Is the Estimated Slope in This Regression Model? Interpret

Question 52

Multiple Choice

What is the estimated slope in this regression model? Interpret the slope in context.


A) -0.665
For each additional year of age, the selling price of homes in this portion of northern New York is predicted to decrease by $665.
B) -0.665
For each additional year of age, the selling price of homes in this portion of northern New York is predicted to increase by $665.
C) 193
For each additional year of age, the selling price of homes in this portion of northern New York is predicted to increase by $193.
D) 193
For each additional year of age, the selling price of homes in this portion of northern New York is predicted to decrease by $193.

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