Question
A linear regression of price on square footage of homes for sale found the equation price = 30275 + 144*sqft. In this equation, the slope means
A. a house with no square feet will cost $30,275.
B. for every 144 square feet, average price goes up $30,275.
C. for every square foot, average price increases $144.
A. a house with no square feet will cost $30,275.
B. for every 144 square feet, average price goes up $30,275.
C. for every square foot, average price increases $144.