A property analyst is examining the relationship between the City Council's valuation on residential property and the market value (selling price) of the properties. A randomsample of 8 recent property transactions were examined. The data is recorded below. Find the predicted market value of property if the City council's valuation is R30 00.City CouncilMarket valuevaluation(R1000)(R1000)11575250215332142445308281975637071898838282 Ex =282Σχ11462Ey =1697Ey? = 11462Exy =a = -7.414168995b = 6.2624A. R180 457.897B. R175 654.000C. R202 560.99D. 175 675,90

# Given: data x=city council valuation (R1000) & y=market value (R1000) we have to predict…

Answered: roperty analyst is examining the…

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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