Mathematics, 21.02.2020 07:14 saltyclamp
A real estate agent Sue Bays realty wants to the study the relationship between the size of a house and its selling price. The table below presents the size in square feet and the selling price in thousands of dollars for a sample of houses in a suburban Denver neighborhood.
A) Compute the least-squares regression line for predicting price from size
B) Estimate the average price of all houses whose size is 3000
C) Two houses differ in size by 150 sq ft. By how much should we predict their prices to differ?
Answers: 2
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