Dr. Napoleon

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1. 

You are consulting for a large real estate firm.  You have been asked to construct a model that can predict listing prices based on square footages for homes in the city you’ve been researching.  You have data on square footages and listing prices for 100 homes.

 

  1.      Which variable is the independent variable (x) and which is the dependent variable (y)? 
  2.     Does the scatterplot indicate observable correlation?  If so, does it seem to be strong or weak? In what direction

Dr. Napoleon, I have already done the trendline you can find it on the spreadsheet, that I have attached.

 

  • 5 years ago
  • 10
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