Solve the problem.
-The table below summarizes the construction cost of a set of homes (excluding the lot cost) along with the square footage of the home's floor space. Find a linear equation that relates the construction cost in thousands of dollars to the floor space in hundreds of square feet by finding the least squares line for the data.
A) y = 8.13x
B) y = 8.13x - 12.79
C) y = 7.97x - 13.54
D) y = 7.87x - 13.08
Correct Answer:
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