One of the biggest factors in determining the value of a

Last updated: 6/29/2023

One of the biggest factors in determining the value of a home is the square footage The accompanying data represent the square footage and selling price in thousands of dollars for a random sample of homes for sale in a certain region Complete parts a through h below Click the icon to view the housing data FEED c Determine the linear correlation coefficient between square footage and asking price r 0 913 Round to three decimal places as needed d Is there a linear relation between square footage and asking price Yes No e Find the least squares regression line treating square footage as the explanatory varia y x Round the slope to three decimal places as needed Round the intercept to one decimal Data Table Square Footage x 2189 3223 1155 2064 3237 2654 4270 2235 2550 1744 1844 3986 Selling Price 5000s 377 4 380 7 194 1 1 352 640 1 351 6 652 4 380 9 415 8 303 9 279 9 717 7