The table shows, for the years 1997-2012, the mean hourly wage for residents of the town of Pity Me and the mean weekly rent paid by the residents. Summary statistics yield: = 1222.2771, = 3031.7125, = 9144.9375, = 21.2675, and Find the least squares line that uses mean hourly wage to predict mean weekly rent. Round values to the nearest ten-thousandth.

Question

The table shows, for the years 1997-2012, the mean hourly wage for residents of the town of Pity Me and the mean weekly rent paid by the residents.  Summary statistics yield:  = 1222.2771,  = 3031.7125,  = 9144.9375,  = 21.2675, and  Find the least squares line that uses mean hourly wage to predict mean weekly rent. Round values to the nearest ten-thousandth.

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The Answer of The table shows, for the years 1997-2012, the mean hourly wage for residents of the town of Pity Me and the mean weekly rent paid by the residents.  Summary statistics yield:  = 1222.2771,  = 3031.7125,  = 9144.9375,  = 21.2675, and  Find the least squares line that uses mean hourly wage to predict mean weekly rent. Round values to the nearest ten-thousandth.

The Table Shows, for the Years 1997-2012, the Mean Hourly