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Arealtor collected the following data for a random sample of ten homes that recently sold in her area. House Asking Price $114,500 $149,900 $154,700 $159,900 $160,000 $165,900 Days on Market A 29 В 16 C 59 D 42 72 45 12 39 81 E G $169,700 $171,900 $175,000 $289,900 H 121 a. Construct a scattergram for the data. You can just explain the relationship (curve or linear, increase or decrease) b) Calculate SSx, SSy and SSxy b. Find the least squares line for the data and show your work

Arealtor collected the following data for a random sample of ten homes that recently sold in her area. House Asking Price $114,500 $149,900 $154,700 $159,900 $160,000 $165,900 Days on Market A 29 В 16 C 59 D 42 72 45 12 39 81 E G $169,700 $171,900 $175,000 $289,900 H 121 a. Construct a scattergram for the data. You can just explain the relationship (curve or linear, increase or decrease) b) Calculate SSx, SSy and SSxy b. Find the least squares line for the data and show your work

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
ChapterCSR: Contents Of Student Resources
Section: Chapter Questions
Problem 11.1EP
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A realtor collected the following data for a random sample of ten homes that recently sold in her area. Asking Price $114,500 $149,900 $154,700 $159,900 $160,000 $165,900 $169,700 $171,900 Days on Market 29 House A В 16 C 59 42 72 F 45 12 39 $175,000 $289,900 81 121 a. Construct a scattergram for the data. You can just explain the relationship (curve or linear, increase or decrease) b) Calculate SSx, SSy and SSxy b. Find the least squares line for the data and show your work Test whether the number of days on the market, y, is positively linearly related to the asking price, x. Use a =.05. С.
Transcribed Image Text:A realtor collected the following data for a random sample of ten homes that recently sold in her area. Asking Price $114,500 $149,900 $154,700 $159,900 $160,000 $165,900 $169,700 $171,900 Days on Market 29 House A В 16 C 59 42 72 F 45 12 39 $175,000 $289,900 81 121 a. Construct a scattergram for the data. You can just explain the relationship (curve or linear, increase or decrease) b) Calculate SSx, SSy and SSxy b. Find the least squares line for the data and show your work Test whether the number of days on the market, y, is positively linearly related to the asking price, x. Use a =.05. С.
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