Module three assignment

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Southern New Hampshire University *

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Course

240

Subject

Mathematics

Date

Apr 3, 2024

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docx

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2

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MAT-240 Applied Statistics MAT 240 Module Three Assignment Guidelines and Rubric Overview Recall that samples are used to generate a statistic, which businesses use to estimate the population parameter. You have learned how to take samples from populations and use them to produce statistics. For two quantitative variables, businesses can use scatterplots and the correlation coefficient to explore a potential linear relationship. Furthermore, they can quantify the relationship in a regression equation. Prompt This assignment picks up where the Module Two assignment left off and will use components of that assignment as a foundation. You have submitted your initial analysis to the sales team at D.M. Pan Real Estate Company. You will continue your analysis of the provided Real Estate Data Spreadsheet spreadsheet using your selected region to complete your analysis. You may refer back to the initial report you developed in the Module Two Assignment Template to continue the work. This document and the National Summary Statistics and Graphs Real Estate Data PDF spreadsheet will support your work on the assignment. Note : In the report you prepare for the sales team, the dependent, or response, variable (y) should be the listing price
and the independent, or predictor, variable (x) should be the square feet. Using the Module Three Assignment Template Word Document , specifically address the following: Conclusions: Reflect on the Relationship: Reflect on the relationship between square feet and sales price by answering the following questions: o Is the square footage for homes in your selected region different than for homes overall in the United States? o For every 100 square feet, how much does the price go up (i.e., can you use slope to help identify price changes)? o What square footage range would the graph be best used for? You can use the following video tutorial that is specifically about this assignment: MAT-240 Module 3 Assignment What to Submit Submit your completed Module Three Assignment Template as a Word document that includes your response, supporting charts/graphs, and your Excel file.
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