Data for a sample of 25 apartments in a particular

Reference no: EM13635818

Data for a sample of 25 apartments in a particular neighborhood are provided in the worksheet Apartments in the Excel workbook Apartments.xlsx. Using the estimated regression equation found by using size as the predictor variable, find a point estimate for the average monthly rent for apartments having 1,000 square feet of space. Place your answer, rounded to the nearest whole dollar, in the blank. When entering your answer do not use any labels or symbols. Simply provide the numerical value. For example, 123 would be a legitimate entry.

Rent	Size
950	850
1600	1450
1200	1085
1500	1232
950	718
1700	1485
1650	1136
935	726
875	700
1150	956
1400	1100
1650	1285
2300	1985
1800	1369
1400	1175
1450	1225
1100	1245
1700	1259
1200	1150
1150	896
1600	1361
1650	1040
1200	755
800	1000
1750	1200

Reference no: EM13635818

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