A statistical program is recommended. Is the number of square feet of living space a good predictor of a house's selling price? The following data show the square footage and selling price for fifteen...


A statistical program is recommended.


Is the number of square feet of living space a good predictor of a house's selling price? The following data show the square footage and selling price for fifteen houses in Winston-Salem, North Carolina.†





































































Size
(1,000s sq. ft)
Selling Price
($1,000s)
1.26117.5
3.02299.9
1.99139.0
0.9145.6
1.87129.9
2.63274.9
2.60259.9
2.27177.0
2.30175.0
2.08189.9
1.1295.0
1.3882.1
1.80169.0
1.5796.5
1.45114.9

Find the value of the test statistic. (Round your answer to two decimal places.)


______________________.


(d)Use the estimated regression equation to predict the selling price (in $1,000s) of a 2,100 square foot house in Winston-Salem, North Carolina. (Round your answer to one decimal place.)


$_____ thousand




Jun 10, 2022
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