The accompanying data file shows the square footage and associated property taxes for 20 homes. Click here for the Excel Data File: a. Estimate a home's property taxes as a linear function of the size of the home (measured by its square footage). Note: Round your answers to 2 decimal places. Property taxes = + Proportion of the sample variation b. What proportion of the sample variation in property taxes is explained by the home's size? Note: Round your answer to 2 decimal places. % Size c. What proportion of the sample variation in property taxes is unexplained by the home's size? Note: Round your answer to 2 decimal places. D

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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The accompanying data file shows the square footage and associated property taxes for 20 homes.
Click here for the Excel Data File:
a. Estimate a home's property taxes as a linear function of the size of the home (measured by its
square footage).
Note: Round your answers to 2 decimal places.
Property taxes =
Proportion of the sample variation
+
b. What proportion of the sample variation in property taxes is explained by the home's size?
Note: Round your answer to 2 decimal places.
Proportion of the sample variation
%
Size
c. What proportion of the sample variation in property taxes
Note: Round your answer to 2 decimal places.
%
unexplained by the home's size?
Transcribed Image Text:The accompanying data file shows the square footage and associated property taxes for 20 homes. Click here for the Excel Data File: a. Estimate a home's property taxes as a linear function of the size of the home (measured by its square footage). Note: Round your answers to 2 decimal places. Property taxes = Proportion of the sample variation + b. What proportion of the sample variation in property taxes is explained by the home's size? Note: Round your answer to 2 decimal places. Proportion of the sample variation % Size c. What proportion of the sample variation in property taxes Note: Round your answer to 2 decimal places. % unexplained by the home's size?
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Property_Taxes
21931
17336
18225
15698
44013
33644
15213
16621
18252
16079
15233
36007
31008
42012
14416
38986
25362
22879
16153
29271
Size
2484
2472
1907
1075
5664
2557
2204
1983
2100
1284
1331
3002
2867
3332
1597
4010
3996
2474
3528
2799
Transcribed Image Text:1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 Property_Taxes 21931 17336 18225 15698 44013 33644 15213 16621 18252 16079 15233 36007 31008 42012 14416 38986 25362 22879 16153 29271 Size 2484 2472 1907 1075 5664 2557 2204 1983 2100 1284 1331 3002 2867 3332 1597 4010 3996 2474 3528 2799
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