Need help with 4, 5, and 6 both papers go hand in hand ### Calculator Instructions for Regression Analysis1. **Data Entry:** - Input "Weeks on Market" into L1 (List 1). - Input "Selling Price" into L2 (List 2).2. **Accessing Regression Function:** - Press [STAT]. - Use arrows to navigate to the CALC menu. - Use arrows to go down to option 4: LinReg (ax+b).3. **Data Selection:** - Depending on your calculator version, select the list where your data is entered. - Press the [ENTER] key.### Analysis Questions2. **Correlation Coefficient:** - What is the value of the correlation coefficient? __________3. **Interpreting Correlation:** - Correlation indicates strength and direction. Discuss if your interpretation of this correlation matches the strength and direction found in the graph on page 1. Explain.4. **Regression Coefficients:** - Using calculator output from LinReg (ax+b), find: - a = slope = __________ - b = y-intercept = __________5. **Regression Equation:** - Write out the regression equation: ____________________6. **Prediction for Condos on Market:** - Predict the selling price (in thousands of dollars) for a condo on the market for: - **35 weeks:** - **10 weeks:** - **72 weeks:**> This guide assists students in performing linear regression analysis to predict property sales based on market duration. This educational material involves analyzing the relationship between weeks on the market and selling price, using the data provided below:### Data Table- **Weeks on Market:** 18 | **Selling Price (in thousands of $):** 125 - **Weeks on Market:** 48 | **Selling Price (in thousands of $):** 73 - **Weeks on Market:** 51 | **Selling Price (in thousands of $):** 61 - **Weeks on Market:** 33 | **Selling Price (in thousands of $):** 76.5 - **Weeks on Market:** 56 | **Selling Price (in thousands of $):** 53 - **Weeks on Market:** 9 | **Selling Price (in thousands of $):** 133 - **Weeks on Market:** 25 | **Selling Price (in thousands of $):** 94 - **Weeks on Market:** 47 | **Selling Price (in thousands of $):** 90 - **Weeks on Market:** 30 | **Selling Price (in thousands of $):** 107 - **Weeks on Market:** 27 | **Selling Price (in thousands of $):** 84 - **Weeks on Market:** 23 | **Selling Price (in thousands of $):** 54 - **Weeks on Market:** 16 | **Selling Price (in thousands of $):** 102 ### Analysis QuestionsBased on the given scatter plot:- **Form:** Linear- **Direction:** Negative- **Strength:** Moderate- **Outlier(s):** NoneThe task involves creating a scatter plot to visualize the data, helping in identifying trends such as the linear, negative, and moderate relationship between the length of time a property remains on the market and its selling price.

Name: Need help with 4, 5, and 6 both papers go hand in hand ### Calculator
Uploaded: 2024-03-20T07:07:37.000Z
Channel: Bartleby
Description: Need help with 4, 5, and 6 both papers go hand in hand ### Calculator Instructions for Regression Analysis1. **Data Entry:** - Input "Weeks on Market" into L1 (List 1). - Input "Selling Price" into L2 (List 2).2. **Accessing Regression Function:*