(g) Is it reasonable to interpret the y-intercept? Why? Select the correct choice below and, if necessary, fill in the answer box to complete your choice. A. Yes-a house of square feet is possible and within the scope of the model. (Type an integer or a simplified fraction.) OB. No a house of square feet is not possible and outside the scope of the model. (Type an integer or a simplified fraction.) OC. No a house of square feet is outside the scope of the model (Type an integer or a simplified fraction.) OD. No a house of square feet is not possible. (Type an integer or a simplified fraction.) OE. More information about the houses is necessary before deciding. (h) One home that is 1431 square feet is sold for $220 thousand. Is this home's price above or below average for a home of this size? The home's price is the average price. The average price of a home that is 1431 square feet is S thousand. (Round to the nearest whole number as needed.)
(g) Is it reasonable to interpret the y-intercept? Why? Select the correct choice below and, if necessary, fill in the answer box to complete your choice. A. Yes-a house of square feet is possible and within the scope of the model. (Type an integer or a simplified fraction.) OB. No a house of square feet is not possible and outside the scope of the model. (Type an integer or a simplified fraction.) OC. No a house of square feet is outside the scope of the model (Type an integer or a simplified fraction.) OD. No a house of square feet is not possible. (Type an integer or a simplified fraction.) OE. More information about the houses is necessary before deciding. (h) One home that is 1431 square feet is sold for $220 thousand. Is this home's price above or below average for a home of this size? The home's price is the average price. The average price of a home that is 1431 square feet is S thousand. (Round to the nearest whole number as needed.)
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
Transcribed Image Text:12:38
Data Table
Square Footage, x
2148
3231
1177
1988
3064
2735
4146
2215
2625
1629
1773
3887
K
One of the biggest factors in determining the value of a home is the square footage. The accompanying data
represent the square footage and selling price (in thousands of dollars) for a random sample of homes for sale in a
certain region. Complete parts (a) through (h) below.
Click the icon to view the housing data.
|||
=
Print
Selling Price ($000s), y
371.1
382.2
197.6
339.9
614.9
364.7
632.7
377.7
427.5
285.9
268.9
701.4
Done
O
Vo) 1
0
ا... 46 ... 2
48%
X
Transcribed Image Text:One of the biggest factors in determining the value of a home is the square footage. The accompanying data represent the square footage and selling price (in thousands of dollars) for a random sample of homes for sale in a certain region.
Complete parts (a) through (h) below.
Click the icon to view the housing data.
(Round to two decimal places as needed.)
OD. For a house that is 0 square feet, the predicted selling price is thousand dollars.
(Round to two decimal places as needed.)
OE. It is not appropriate to interpret the slope.
(g) Is it reasonable to interpret the y-intercept? Why? Select the correct choice below and, if necessary, fill in the answer box to complete your choice.
OA. Yes-a house of
(Type an integer or a simplified fraction.)
OB. No a house of
square feet is possible and within the scope of the model.
OC. No-a house of
(Type an integer or a simplified fraction.)
square feet is not possible and outside the scope of the model.
OD. No-a house of
square feet is outside the scope of the model
(Type an integer or a simplified fraction.)
square feet is not possible.
(Type an integer or a simplified fraction.)
OE. More information about the houses is necessary before deciding.
(h) One home that is 1431 square feet is sold for $220 thousand. Is this home's price above or below average for a home of this size?
The home's price is the average price. The average price of a home that is 1431 square feet is S thousand.
(Round to the nearest whole number as needed.)
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