In an apartment complex, two bedroom apartments rent for more than one bedroom apartments. I conducted...

In an apartment complex, two bedroom apartments rent for more than one bedroom apartments. I conducted a study of 9 apartment complexes, and found the following rental rates at the respective complexes: (show work)

1-bedroom	780	485	450	530	620	520	845	1000	700
2-bedroom	1220	900	740	955	1055	875	1455	1720	1200

The correlation coefficient for this problem is _______________

There is/ is not evidence of significant correlation at the 5% significance level

The regression equation is ____________________

The best estimate for the cost of a 2-bedroom apartment in a complex where they charge $650 for a 1-bedroom apartment would be ___________

Expert Solution

orchestra answered 1 year ago

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