The datafile reports the price and size (in square feet) for a sample of houses in Arroyo Grande, California. Identify the house with the most unusual size, either unusually small or unusually large.Remove this house from the analysis. Recalculate the equation of the least squares regression line, correlation coefficient, and coefficient of determination. AВC1AddressPriceSize_sq_ft22130 Beach St.31100046032545 Lancast Dr.34472010304415 Golden Wes3595008835990 Fair Oaks Av414000728845 Pearl Dr,459000124271115 Rogers Ct.47000014998.579 Halcyon Rd.47000014199.1285 Poplar St.470000952101080 Fair Oaks A474000101411690 Garfield Pl.4750001615121030 Sycamore490000166413620 Eman Ct.492000116014529 Adler St.500000154515646 Cerro Vista (510000156716926 Sycamore D520000117617227 A Alpine St.541000112018654 Woodland C5675001549192230 Paso Roble5750001540202461 Ocean St.580000175521833 Creekside D6250001844

Regression analysis is used to predict the value based on some other independent values. It helps in…

The datafile reports the price and size (in square feet) for a sample of houses in Arroyo Grande, California. Identify the house with the most unusual size, either unusually small or unusually large.Remove this house from the analysis. Recalculate the equation of the least squares regression line, correlation coefficient, and coefficient of determination.

The datafile reports the price and size (in square feet) for a sample of houses in Arroyo Grande, California. Identify the house with the most unusual size, either unusually small or unusually large.Remove this house from the analysis. Recalculate the equation of the least squares regression line, correlation coefficient, and coefficient of determination.

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Use the Regression tool on the accompanying wedding data, using the wedding cost as the dependent variable and attendance as the independent variable. Complete parts a through c. Click the icon to view the wedding data. OA. The Y-intercept indicates that a wedding with an attendance of 0 people has a mean predicted cost of $bo B. The Y-intercept indicates that a wedding with a cost of $0 has a mean predicted attendance of by people. OC. It is not appropriate to interpret the Y-intercept because it is outside the range of observed wedding costs. D. It is not appropriate to interpret the Y-intercept because it is outside the range of observed attendances. Identify and interpret the meaning of the coefficient of determination in this problem. Select the correct choice below and fill in the answer box to complete your choice. (Round to three decimal places as needed.) Wedding Attendance and Cost Wedding Cost Attendance 58700 300 54000 350 45000 150 OA. The coefficient of determination is…

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