This topic contains a solution. Click here to go to the answer

Author Question: A realtor collected the following data for a random sample of ten homes that recently sold in her ... (Read 27 times)

sabina

  • Hero Member
  • *****
  • Posts: 563

Question 1

Consider the following pairs of observations:

x23556
y1.31.62.12.22.7

a. Construct a scattergram for the data. Does the scattergram suggest that y is positively linearly
related to x?
b.Find the slope of the least squares line for the data and test whether the data provide sufficient
evidence that y is positively linearly related to x. Use α = .05.

Question 2

A realtor collected the following data for a random sample of ten homes that recently sold in her area.

HouseAsking PriceDays on Market
A$114,50029
B$149,90016
C$154,70059
D$159,90042
E$160,00072
F$165,90045
G$169,70012
H$171,90039
I$175,00081
J$289,900121

a. Construct a scattergram for the data.
b.Find the least squares line for the data and plot the line on your scattergram.
c. Test whether the number of days on the market, y, is positively linearly related to the asking price, x. Use


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by sabina on Feb 14, 2020

coreycathey

  • Sr. Member
  • ****
  • Posts: 333
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly




sabina

  • Member
  • Posts: 563
Reply 2 on: Feb 14, 2020
:D TYSM


Hdosisshsbshs

  • Member
  • Posts: 315
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

For a complete list of videos, visit our video library