Data for a sample of 25 apartments in a particular neighborhood are provided below.(Part one of the question)Using that data, find the estimated regression equation which can be used to estimate the monthly rent for apartments in this neighborhood using size as the predictor variable and (part two of the question)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.
This will be the answer for part one of the question.
A. 177.12 + 0.8500(size)
B. 1.065 + 177.12(size)
C. 197.12 + 2.065(size)
D. 177.12 + 1.065(size)
Temperature (x) 73 78 85 98 93 81 76 105
Kilowatts (y) 680 760 910 1510 1170 837 600 1800