Use the following
A quantitatively savvy, young couple is interested in purchasing a home in northern New York. They collected data on 48 houses that had recently sold in the area. They want to predict the selling price of homes (in thousands of dollars) based on the size of the home (in square feet).
The regression equation is Price (in thousands) = 17.1 + 0.0643 Size (sq. ft.)

S = 48.5733 R-Sq = 37.5% R-Sq(adj) = 36.1%
Predicted Values for New Observations

-Write down the equation of the least squares line and use it to predict the selling price of a home that is 1,742 square feet in size.

Question

Use the following 
A quantitatively savvy, young couple is interested in purchasing a home in northern New York. They collected data on 48 houses that had recently sold in the area. They want to predict the selling price of homes (in thousands of dollars) based on the size of the home (in square feet).
The regression equation is Price (in thousands) = 17.1 + 0.0643 Size (sq. ft.)
  
S = 48.5733 R-Sq = 37.5% R-Sq(adj) = 36.1%
Predicted Values for New Observations

-Write down the equation of the least squares line and use it to predict the selling price of a home that is 1,742 square feet in size.

Quizplus · Accepted Answer

The Answer of Use the following 
A quantitatively savvy, young couple is interested in purchasing a home in northern New York. They collected data on 48 houses that had recently sold in the area. They want to predict the selling price of homes (in thousands of dollars) based on the size of the home (in square feet).
The regression equation is Price (in thousands) = 17.1 + 0.0643 Size (sq. ft.)
  
S = 48.5733 R-Sq = 37.5% R-Sq(adj) = 36.1%
Predicted Values for New Observations

-Write down the equation of the least squares line and use it to predict the selling price of a home that is 1,742 square feet in size.

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