A survey of homes in Whitehall, Ohio recorded the market value of the home (y) in dollars and the size of the home (x) in square feet. The resulting regression equation was as follows: Predicted...



A survey of homes in Whitehall, Ohio recorded the market value of the home (y) in dollars and the size of the home (x) in square feet.  The resulting regression equation was as follows:


Predicted market value = -34778 + 94.2(square feet)


From this equation, we know the correlation between market value and size of the home will be







1 negative.



2 positive.



3 zero.



4 very strong.



5 It’s impossible to answer this question without more information.




Jun 08, 2022
SOLUTION.PDF

Get Answer To This Question

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here