A random sample of records of home sales from March 1 to Jul…
A random sample of records of home sales from March 1 to July 1, 2010 from the files maintained by the Charlottesville Board of Realtors gives the Price (in dollars) and Size (in square feet) of 32 homes. The regression model is as follows: Predicted Price = 47,820 + [ 61 × (Size) ] In this context, does the y-intercept have a reasonable interpretation?
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