current market value in dollars to the size in square feet of homes in Greene County, Tennessee follows: Value = -37,186 + 65.0*Size Other output includes: p-value is 0.013, linear correlation coefficient is 0.93. Predict the value of a home with size of 1800 square feet. Round your answer to the nearest whole number.

current market value in dollars to the size in square feet of homes in Greene County, Tennessee follows: Value = -37,186 + 65.0*Size Other output includes: p-value is 0.013, linear correlation coefficient is 0.93. Predict the value of a home with size of 1800 square feet. Round your answer to the nearest whole number.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter4: Equations Of Linear Functions

Section4.5: Correlation And Causation

Problem 24PFA

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Question

A regression analysis relating the current market value in dollars to the size in square feet of homes in Greene County, Tennessee follows:

Value = -37,186 + 65.0*Size

Other output includes: p-value is 0.013, linear correlation coefficient is 0.93.

Predict the value of a home with size of 1800 square feet. Round your answer to the nearest whole number.

Definition Definition Relationship between two independent variables. A correlation tells the degree to which variables move in relation to each other. When two sets of data are related to each other, there is a correlation between them.

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