A researcher wants to know about the effect of building area on house prices on the slopes of Mount Slamet. The following is data from a survey of 10 samples regarding building area and house prices in the area. No 1 2 3 4 5 6 7 8 9 10 Building Area (square meter) 160 170 220 240 120 120 180 120 160 140 e. give the conclusion! House Prices (in million rupiah) 250 320 325 410 220 200 310 280 320 240 Question: a. Does the data above have a linear relationship pattern? Test it through the scatter plot! b. Make the regression equation and interpret the equation! c. How strong is the relationship between building area and house prices? d. By ignoring the classical assumption test, test the regression equation with a significance level of 5%!
A researcher wants to know about the effect of building area on house prices on the slopes of Mount Slamet. The following is data from a survey of 10 samples regarding building area and house prices in the area. No 1 2 3 4 5 6 7 8 9 10 Building Area (square meter) 160 170 220 240 120 120 180 120 160 140 e. give the conclusion! House Prices (in million rupiah) 250 320 325 410 220 200 310 280 320 240 Question: a. Does the data above have a linear relationship pattern? Test it through the scatter plot! b. Make the regression equation and interpret the equation! c. How strong is the relationship between building area and house prices? d. By ignoring the classical assumption test, test the regression equation with a significance level of 5%!
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
![A researcher wants to know about the effect of building area on house prices on the slopes
of Mount Slamet. The following is data from a survey of 10 samples regarding building
area and house prices in the area.
No
1
2
3
4
5
6
7
8
9
10
Building Area (square meter)
160
170
220
240
120
120
180
120
160
140
House Prices (in million rupiah)
250
320
325
410
220
200
310]
280
320
240
Question:
a. Does the data above have a linear relationship pattern? Test it through the scatter plot!
Make the regression equation and interpret the equation!
b.
c. How strong is the relationship between building area and house prices?
d. By ignoring the classical assumption test, test the regression equation with a
significance level of 5%!
e. give the conclusion!](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F6b232ef4-8f82-46f2-a66d-e7c86bab5d72%2F6eb72f39-a267-4910-b63f-99eb055a472b%2Fc5h25ka_processed.jpeg&w=3840&q=75)
Transcribed Image Text:A researcher wants to know about the effect of building area on house prices on the slopes
of Mount Slamet. The following is data from a survey of 10 samples regarding building
area and house prices in the area.
No
1
2
3
4
5
6
7
8
9
10
Building Area (square meter)
160
170
220
240
120
120
180
120
160
140
House Prices (in million rupiah)
250
320
325
410
220
200
310]
280
320
240
Question:
a. Does the data above have a linear relationship pattern? Test it through the scatter plot!
Make the regression equation and interpret the equation!
b.
c. How strong is the relationship between building area and house prices?
d. By ignoring the classical assumption test, test the regression equation with a
significance level of 5%!
e. give the conclusion!
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 4 steps with 17 images

Recommended textbooks for you

MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc

Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning

MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc

Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning

Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON

The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman

Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman