Can you help me answer this using R code? 2. The data below contains sale price, size, and land-to-building ratio for 10 largeindustrial properties{r}saleprice <- read.csv("https://www.siue.edu/~jpailde/saleprice.csv")salepricei) Construct a scatterpot for sale price versus size and sale price versusland-to-building ratio`. Be sure to fit regression lines on the scatterplots.ii) Use the `Im function to estimated the equations of each regression model for saleprice versus size` and `sale price versus land-to-building ratio`.iii) Check the error model assumption visually by constructing a residual plot and QQplotof the residuals for the two models.iv) Estimate the population regression slope of each model (line) by constructing 95\%confidence interval. Give a brief interpretation of the esimated slope in the context of theproblem.v) Perform a hypothesis test on the regression slope of each model (line), use a 5\% levelof significance. Given an appropriate conclusion.

Step 1: Use R complier. The compiler I use is replit (https://replit.com/) Step 2: Install ggplot2…

Answered: 2. The data below contains sale price,…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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