Suppose Isabella has developed the following fitted regression equation for the price of a Edmonton condo: Price = 160000 + 41*(Square Footage) (a) If someone wants to purchase a 920 sq. ft. Edmonton...

answer A, B and C

Extracted text: Suppose Isabella has developed the following fitted regression equation for the price of a Edmonton condo: Price = 160000 + 41*(Square Footage) (a) If someone wants to purchase a 920 sq. ft. Edmonton condo, how much should they expect to pay? Answer: $ (b) If they want to buy a unit that is 69 square feet bigger, then how much more money should they expect to pay? Answer. $ (c) Would the intercept be meaningful if this regression represents the average Edmonton condo (when square footage is 0)? O Yes O No