Monopoly and Regression Name Student Activity Class

Is there any relationship between the distance from Go and the cost of the properties in a standard Monopoly board game? In this activity, you will explore the answer to this question by analyzing the association between the number of spaces from GO and the cost of the corresponding property.

1. 
   Do you notice any trends or any noteworthy data values?
   

2. 
   Which variable would make sense to be the independent variable? The dependent variable? Explain your reasoning.
   

3. 
   Write the equation that best describes the relationship between the two variables (line of best fit).
   

4. 
   Interpret the slope in terms of the context.
   

5. 
   Interpret the y-intercept. Does it have a meaning in this context? Explain your reasoning.
   

6. 
   Describe the slope in the context of the problem.
   

7. 
   What would the cost be if you were 57 spaces from go?
   

8. 
   How many spaces from go would you be if the cost were $520?