Concept explainers
To select the best option for what is the
Answer to Problem 22E
The option (d) is the correct option.
Explanation of Solution
In the question, appraised market price and the actual market price are compared and the computer output of the data is given. Thus, as we know that the square of the correlation
Thus, the slope of the least squares regression line is
Thus, the option (d) is the correct option.
Chapter 12 Solutions
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