A survey of homes in Whitehall, Ohio recorded the market value of the home (y) in dollars and the size of the home (x) in square feet. The resulting regression equation was as follows: Predicted market value = -34778 + 94.2(square feet) From this equation, we know the correlation between market value and size of the home will be 1 negative. 2 positive. 3 zero. 4 very strong. 5 It’s impossible to answer this question without more information.
A survey of homes in Whitehall, Ohio recorded the market value of the home (y) in dollars and the size of the home (x) in square feet. The resulting regression equation was as follows: Predicted market value = -34778 + 94.2(square feet) From this equation, we know the correlation between market value and size of the home will be 1 negative. 2 positive. 3 zero. 4 very strong. 5 It’s impossible to answer this question without more information.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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A survey of homes in Whitehall, Ohio recorded the market value of the home (y) in dollars and the size of the home (x) in square feet. The resulting regression equation was as follows:
Predicted market value = -34778 + 94.2(square feet)
From this equation, we know the
1 negative.
2 positive.
3 zero.
4 very strong.
5 It’s impossible to answer this question without more information.
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