Buying rental property is an investment option that carries a higher risk than some other options. However, the returns can be good, Assume you have purchased a single family home that you intend to rent for $850 per month. You will have the following expenses:
Monthly mortgate
$390
Monthly insurance
$60
Semiannual property taxes
$340
Repairs (yearly estimate)
$500
Monthly lawn care of snow removal $100 What is the total yearly expenses for the rental propery. What is the return on investment for the property

In the packaging department of a large aircraft parts distributor, a fairly reliable estimate of packaging and processing costs can be determined by knowing the weight of an order. thus, the weight is a cost driver that accounts for a sizable fraction of the packaging and processing costs at this company. data for the past 10 orders are given as follows: a. estimate the b 0b0 and b 1b1 coefficients, and determine the linear regression equation to fit these data. b. what is the correlation coefficient (r)? c. if an order weighs 310310 lb, how much should it cost to package and process it? c