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.

Question

Quizplus · Accepted Answer

11eeb2d3_8e04_167b_b9aa_51e2404afa1f_TBW1049_11 = -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.

What Is the Estimated Slope in This Regression Model? Interpret