Question

Asked Oct 22, 2019

in the attached, I only need help with the last three parts. E, G, and H

thanks

Step 1

According to the provided data, the square footage is the explanatory variable and selling price is the dependent variable.

(e) The least square regression line is obtained using Excel by following the below steps:

- Enter the data in the spreadsheet.
- Go to Data>Data Analysis>select “Regression”.
- Enter the required values in the columns.
- Click OK to obtain the result.

Step 2

From the obtained output, the least square regression line is,

Step 3

(g) The *y* intercept can be defined as the expected mean value of *y* when the value of *x* is equal to 0.

It is not making any sense having the selling pri...

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