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
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
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
100%
(e) Find the least-squares regression line treating square footage as the explanatory variable.
![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](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fcedc9073-8fa4-46b0-8e24-57cbf67f27e7%2Ff18be67c-3565-4e81-b1f8-2d9f17ee70b3%2Fd3nfgma_processed.png&w=3840&q=75)
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.
1000-
1000
O No
4000
Yes
150-
1000
4000
(c) Determine the linear correlation coefficient between square footage and asking price.
r= 0.900
(Round to three decimal places as needed.)
(d) Is there a linear relation between square footage and asking price?
C
150
1000
(e) Find the least-squares regression line treating square footage as the explanatory variable.
y=x+
(Round the slope to three decimal places as needed. Round the intercept to one decimal place as needed.)
4000
1000
150
750](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fcedc9073-8fa4-46b0-8e24-57cbf67f27e7%2Ff18be67c-3565-4e81-b1f8-2d9f17ee70b3%2Fvgty4d6_processed.png&w=3840&q=75)
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.
1000-
1000
O No
4000
Yes
150-
1000
4000
(c) Determine the linear correlation coefficient between square footage and asking price.
r= 0.900
(Round to three decimal places as needed.)
(d) Is there a linear relation between square footage and asking price?
C
150
1000
(e) Find the least-squares regression line treating square footage as the explanatory variable.
y=x+
(Round the slope to three decimal places as needed. Round the intercept to one decimal place as needed.)
4000
1000
150
750
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