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Give a practical interpretation of the estimate of the y-intercept of the regression line. For each additional room in the house, we estimate the appraised value to increase $74,800. We estimate the appraised value for any house to be $74,800. There is no practical interpretation, since a house with 0 rooms is nonsensical. For each additional room in the house, we estimate the appraised value to increase $17,800.

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Answer:

The answer is "Option D"

Step-by-step explanation:

Please find the complete question in the attachment file.

House's valued worth (in milles) = 74.80 + 20.81 (number of rooms). It indicates that we will need to pay $ 20810 per additional amount throughout every actual room in the house. It is a complete risk, that becomes forecast to expand $20,810 for every additional part of the house, that's why choice D is correct.

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