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The square footage and monthly rental of 10 similar one-bedroom apartments yield the linear regression
equation y 0.7752 +950.25 where x represents the square footage of the apartment and y represents the
monthly rental price.
Joey can afford $1,500 per month for rent. Using the given equation, what size apartment should he expect
to be able to rent for that price?
Round to the nearest square foot

Sagot :

raphealnwobi

The footage of the room with a rental price of $1500 is 709 square foot

Linear equation

A linear equation is given by:

  • y = mx + b

where m is the rate of change, b is the initial value of y, y, x are variables.

Let y represent the monthly rental price and x represent the square footage. Given the equation:

y = 0.7752x + 950.25

For a rent of $1500:

1500 = 0.7752x + 950.25

  • x = 709 square foot.

The footage of the room with a rental price of $1500 is 709 square foot

Find out more on linear equation at: https://brainly.com/question/13763238

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