Answer:
[tex]\widehat {price}=127.27+1.0466(appraised\ value)[/tex]
Explanation:
The question is not complete, the complete question is attached
An appraised value is the value used estimate the price of a product. Regression analysis is the use of mathematical models and functions to predict a variable with the help of other variables. It shows the relationship between variables. Regression analysis can also be used to estimate, predict or forecast from a model.
The equation of the least-squares regression line for predicting selling price from appraised value is gotten by adding the constant coefficient and the appraisal coefficient. The equation is given as:
[tex]\widehat {price}=127.27+1.0466(appraised\ value)[/tex]
