Question 7 (1 point) Suppose that in a certain neighborhood, the cost of a home (in thousands) is proportional to the size of the home in square feet

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Question 7 (1 point) Suppose that in a certain neighborhood, the cost of a home (in thousands) is proportional to the size of the home in square feet. If the regression equation quantifying this relationship is found to be (price) = 11.155*(size) + 96.91, how much would you expect to pay for a home with 1420 square feet? 1) 137623.35 ( 2) 15840.1 ( 3) We do not know the observations in the data set, so we cannot answer that question. ( 4) 118.61 5) 15937.01