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Create scatterplots using the data in the spreadsheet linked above and display the equation for the
regression line. What is the equation for the regression line that predicts home equity using credit
score as the explanatory variable? Y ^ = x + ( ) What is the interpretation of the slope? What is
the interpretation of the intercept? What is the interpretation of the slope? Pick Decrease in credit
score as home equity increases Decrease in home equity as credit score increases Increase in
credit score as home equity increases Increase in home equity as credit score increases No
practical interpretation What is the interpretation of the intercept? Pick Credit score when home
equity is 0 Home equity when credit score is 0 No practical interpretation

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Create scatterplots using the data in the spreadsheet linked above and.docx

  • 1. Create scatterplots using the data in the spreadsheet linked above and display the equation for the regression line. What is the equation for the regression line that predicts home equity using credit score as the explanatory variable? Y ^ = x + ( ) What is the interpretation of the slope? What is the interpretation of the intercept? What is the interpretation of the slope? Pick Decrease in credit score as home equity increases Decrease in home equity as credit score increases Increase in credit score as home equity increases Increase in home equity as credit score increases No practical interpretation What is the interpretation of the intercept? Pick Credit score when home equity is 0 Home equity when credit score is 0 No practical interpretation