Selling Price (S000s), y Square Footage, 2278 391.3 3128 366.9 1090 184 1916 328.8 3095 618.5 2794 373.2 4316 659.5 2200 375.2 435.9 2679 1668 291.8 1784 270.8 677.6 3729 a) Determine the linear...


Selling Price (S000s), y<br>Square Footage,<br>2278<br>391.3<br>3128<br>366.9<br>1090<br>184<br>1916<br>328.8<br>3095<br>618.5<br>2794<br>373.2<br>4316<br>659.5<br>2200<br>375.2<br>435.9<br>2679<br>1668<br>291.8<br>1784<br>270.8<br>677.6<br>3729<br>a) Determine the linear correlation coefficient between square footage and asking price<br>b) Is there a linear relation between square footage and asking price?<br>c) Find the least-squares regression line treating square footage<br>d) Interpret the slope.<br>e) Is it reasonable to interpret the y-intercept?<br>as the explanatory variable.<br>

Extracted text: Selling Price (S000s), y Square Footage, 2278 391.3 3128 366.9 1090 184 1916 328.8 3095 618.5 2794 373.2 4316 659.5 2200 375.2 435.9 2679 1668 291.8 1784 270.8 677.6 3729 a) Determine the linear correlation coefficient between square footage and asking price b) Is there a linear relation between square footage and asking price? c) Find the least-squares regression line treating square footage d) Interpret the slope. e) Is it reasonable to interpret the y-intercept? as the explanatory variable.

Jun 02, 2022
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