. Use the following data to predict Monthly Rent Monthly Rent Size (Sq Ft) 825 1450 1250 850 1450 1100 2000 1800 925 700 1825 1200 1050 700 950 1250 Predict the Monthly Rent for an apartment with size X-975 sq ft. Assume the regression line is: Y=60.94+1.| a. %3D b. Determine Coefficient of Determinationr. Assume SSR = 825 and SSE = 175. Interpret the Coefficient of Determination r c.

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o Use the following data to predict Monthly Rent (Y) based on Size (Sq ft) (X).
Monthly Rent
Size (Sq Ft)
825
700
1450
850
950
1450
1100
2000
1800
925
700
1825
1200
1250
1250
1050
a.
Predict the Monthly Rent for an apartment with size X-975 sq ft. Assume the regression line is: Y = 60.94+1.14 X
b.
Determine Coefficient of Determination r. Assume SSR 825 and SSE = 175.
с.
Interpret the Coefficient of Determination r?
d. What is the Correlation Coefficient r?
Transcribed Image Text:o Use the following data to predict Monthly Rent (Y) based on Size (Sq ft) (X). Monthly Rent Size (Sq Ft) 825 700 1450 850 950 1450 1100 2000 1800 925 700 1825 1200 1250 1250 1050 a. Predict the Monthly Rent for an apartment with size X-975 sq ft. Assume the regression line is: Y = 60.94+1.14 X b. Determine Coefficient of Determination r. Assume SSR 825 and SSE = 175. с. Interpret the Coefficient of Determination r? d. What is the Correlation Coefficient r?
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