Essay
(A)Is there evidence of a linear relationship between the selling price and the square footage of the homes? If so,interpret the least squares line and characterize the relationship (i.e.,positive,negative,strong,weak,etc.).
(B)Identify and interpret the coefficient of determination ( )for the model in (A).
(C)Identify and interpret the standard error of estimate for the model in (A).
(D)Is there evidence of a linear relationship between the selling price and number of bedrooms of the homes? If so,interpret the least squares line and characterize the relationship (i.e.,positive,negative,strong,weak,etc.).
(E)Identify and interpret the coefficient of determination ( )for the model in (D).
(F)Identify and interpret the standard error of the estimate ( )for the model in (C).
(G)Which of the two variables,the square footage or the number of bedrooms,is the relationship with home selling price stronger? Justify your choice.
Correct Answer:

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(A)Yes; there is evidence of a linear re...View Answer
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