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) or 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. C OB. Yes-a house of square feet is possible and within the scope of the model. (Type an integer or a simplified fraction.) C. No-a house of 0 square feet is not possible and outside the scope of the model. (Type an integer or a simplified fraction.) OD. No-a house of square feet is outside the scope of the model (Type an integer or a simplified fraction.) OE. More information about the houses is necessary before deciding. h) One home that is 1469 square feet is sold for $275 thousand. Is this home's price above or below average for a home of this size? The home's price is above the average price. The average price of a home that is 1469 square feet is $ 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
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​(h) One home that is 1469 square feet is sold for ​$275 thousand. Is this​ home's price above or below average for a home of this​ size?
The​ home's price is above the average price. The average price of a home that is 1469 square feet is ​$enter your response here thousand.
Data Table
Square Footage, x
2251
3240
1137
1966
3001
2730
3998
2286
2734
1767
1869
3978
Selling Price ($000s), y
387.4
382.7
191.3
336.6
603.6
363.4
609.9
388.8
444.5
307.2
283.8
715.1
Transcribed Image Text:Data Table Square Footage, x 2251 3240 1137 1966 3001 2730 3998 2286 2734 1767 1869 3978 Selling Price ($000s), y 387.4 382.7 191.3 336.6 603.6 363.4 609.9 388.8 444.5 307.2 283.8 715.1
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.
OB. Yes-a house of square feet is possible and within the scope of the model.
(Type an integer or a simplified fraction.)
C. No-a house of 0 square feet is not possible and outside the scope of the model.
(Type an integer or a simplified fraction.)
OD. No-a house of square feet is outside the scope of the model
(Type an integer or a simplified fraction.)
O E. More information about the houses is necessary before deciding.
(h) One home that is 1469 square feet is sold for $275 thousand. Is this home's price above or below average for a home of this size?
The home's price is above the average price. The average price of a home that is 1469 square feet is $ thousand.
(Round to the nearest whole number as needed.)
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. OB. Yes-a house of square feet is possible and within the scope of the model. (Type an integer or a simplified fraction.) C. No-a house of 0 square feet is not possible and outside the scope of the model. (Type an integer or a simplified fraction.) OD. No-a house of square feet is outside the scope of the model (Type an integer or a simplified fraction.) O E. More information about the houses is necessary before deciding. (h) One home that is 1469 square feet is sold for $275 thousand. Is this home's price above or below average for a home of this size? The home's price is above the average price. The average price of a home that is 1469 square feet is $ thousand. (Round to the nearest whole number as needed.)
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