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Use the following
A quantitatively savvy, young couple is interested in purchasing a home in northern New York. They collected data on 48 houses that had recently sold in the area. They want to predict the selling price of homes (in thousands of dollars) based on the size of the home (in square feet).
The regression equation is Price (in thousands) = 17.1 + 0.0643 Size (sq. ft.)
Use the following A quantitatively savvy, young couple is interested in purchasing a home in northern New York. They collected data on 48 houses that had recently sold in the area. They want to predict the selling price of homes (in thousands of dollars) based on the size of the home (in square feet). The regression equation is Price (in thousands) = 17.1 + 0.0643 Size (sq. ft.) S = 48.5733 R-Sq = 37.5% R-Sq(adj) = 36.1% Predicted Values for New Observations -Based on the available information, what is the correlation between selling price (in thousands) and size (square feet) of the sample of recently sold homes? Use three decimal places in your answer.
S = 48.5733 R-Sq = 37.5% R-Sq(adj) = 36.1%
Predicted Values for New Observations
Use the following A quantitatively savvy, young couple is interested in purchasing a home in northern New York. They collected data on 48 houses that had recently sold in the area. They want to predict the selling price of homes (in thousands of dollars) based on the size of the home (in square feet). The regression equation is Price (in thousands) = 17.1 + 0.0643 Size (sq. ft.) S = 48.5733 R-Sq = 37.5% R-Sq(adj) = 36.1% Predicted Values for New Observations -Based on the available information, what is the correlation between selling price (in thousands) and size (square feet) of the sample of recently sold homes? Use three decimal places in your answer.
Use the following A quantitatively savvy, young couple is interested in purchasing a home in northern New York. They collected data on 48 houses that had recently sold in the area. They want to predict the selling price of homes (in thousands of dollars) based on the size of the home (in square feet). The regression equation is Price (in thousands) = 17.1 + 0.0643 Size (sq. ft.) S = 48.5733 R-Sq = 37.5% R-Sq(adj) = 36.1% Predicted Values for New Observations -Based on the available information, what is the correlation between selling price (in thousands) and size (square feet) of the sample of recently sold homes? Use three decimal places in your answer.
-Based on the available information, what is the correlation between selling price (in thousands) and size (square feet) of the sample of recently sold homes? Use three decimal places in your answer.

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