4. Use the correlation coefficient r to find the coefficient of determination r2 Enter answer rounded to nearest thousandth. Examples of correctly entered responses: 0.956 0.407 0.559 5. What percentage of the variability in the annual rental income is accounted for by the value of the house? A. 58.5% B. 41.5% C. 76.5% D. None of the above answers are correct Enter letter corresponding to correct answer
Q3B
The table below contains on 48 houses: the value of the house and the amount of rental income in a year that the house brings in ("Capital and rental," 2013).
Table: Data of House Value versus Rental
|
Value |
Rental |
Value |
Rental |
Value |
Rental |
Value |
Rental |
|
81000 |
6656 |
77000 |
4576 |
75000 |
7280 |
67500 |
6864 |
|
95000 |
7904 |
94000 |
8736 |
90000 |
6240 |
85000 |
7072 |
|
121000 |
12064 |
115000 |
7904 |
110000 |
7072 |
104000 |
7904 |
|
135000 |
8320 |
130000 |
9776 |
126000 |
6240 |
125000 |
7904 |
|
145000 |
8320 |
140000 |
9568 |
140000 |
9152 |
135000 |
7488 |
|
165000 |
13312 |
165000 |
8528 |
155000 |
7488 |
148000 |
8320 |
|
178000 |
11856 |
174000 |
10400 |
170000 |
9568 |
170000 |
12688 |
|
200000 |
12272 |
200000 |
10608 |
194000 |
11232 |
190000 |
8320 |
|
214000 |
8528 |
208000 |
10400 |
200000 |
10400 |
200000 |
8320 |
|
240000 |
10192 |
240000 |
12064 |
240000 |
11648 |
225000 |
12480 |
|
289000 |
11648 |
270000 |
12896 |
262000 |
10192 |
244500 |
11232 |
|
325000 |
12480 |
310000 |
12480 |
303000 |
12272 |
300000 |
12480 |
4. Use the
Enter answer rounded to nearest thousandth. Examples of correctly entered responses:
0.956 0.407 0.559
5. What percentage of the variability in the annual rental income is accounted for by the value of the house?
A. 58.5%
B. 41.5%
C. 76.5%
D. None of the above answers are correct
Enter letter corresponding to correct answer
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