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Author Question: A realtor collected the following data for a random sample of ten homes that recently sold in her ... (Read 65 times)

sabina

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  • Posts: 563
on: Feb 14, 2020

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
Statistics ¦ McClave, Sincich, Tamarack ¦ 12th Edition
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Marked as best answer by sabina on Feb 14, 2020

coreycathey

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Reply #1 on: Feb 14, 2020
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.
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sabina

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Reply 2 on: Feb 14, 2020
Excellent

Sarahjh

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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