Applying the Concepts and Skills Custom Homes. Hanna Properties specializes in customhome resales in the Equestrian Estates, an exclusive subdivision in Phoenix, Arizona. A random sample of nine...

Applying the Concepts and Skills
Custom Homes. Hanna Properties specializes in customhome resales in the Equestrian Estates, an exclusive subdivision in Phoenix, Arizona. A random sample of nine custom homes currently listed for sale provided the following information on size and price. Here, x denotes size, in hundreds of square feet, rounded to the nearest hundred, and y denotes price, in thousands of dollars, rounded to the nearest thousand.