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History Boolomarks Window Help M 4 ? il BT% ? > Sat Jun 23 10:09 PM Suzette Lape

ID: 3369611 • Letter: H

Question

History Boolomarks Window Help M 4 ? il BT% ? > Sat Jun 23 10:09 PM Suzette Lapene Stillman MATH 2410 Summer 2018 (1) Suzette Stillman&16/23/18 10:09 PM Quiz: Quiz 5: 4.1 4.3 Submit Qu This Question: 1 pt 20110 (1 complete, ? This Quiz: 10 pts posse One of the biggest factors in determining the value of a home is the square footage. The accompanying data represent the square footage and seling price (n thousands of dollars) for a random sample of homes for sale in a certain region. Complete parts (a) through h) below l Clck the icon to view the housing data (a) Which variable is the explanatory variable? Square Footage O Seling Price (b) Draw a scatter diagram of the data. Choose the correct scatter diagram below OA. ??. 00-Q (c) Determine the inear cormelation coeicient between square footage and asking price Round to three decimal places as needed.) (d) is there a linear relation between square footage and asking prioe? Yes O No Clck to select your answers)

Explanation / Answer

A) the explanetory variable is SQUARE FOOTAGE.

B) the second plot is right one.

c) correlation coefficient: 0.8033

D) yes. There is a linear relationship between Square Footage and price

E) least Sq equation: Y= 20.03 + 0.15(X)

F) For every additional increase in Square Footage, price increases 150 $ on an avarage.

G) No, the 0 sq feet size of house is not possible and outside the scope of the model.

H) The home's price is below the average price.the average price of a home that is 1458 sq. ft. , is $238.73.

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