From that list of options select a variable that you think will have: 1. a positive linear relationship with "number of houses sold in the current year". Explain/justify your response. 2. a negative linear relationship with "number of houses sold in the current year". Explain/justify your response. 3. almost no linear relationship with "number of houses sold in the current year". Explain/justify your response. Your answers will go in the appropriate sections below.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
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Chapter4: Equations Of Linear Functions
Section4.6: Regression And Median-fit Lines
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Part B: Predicting Relationships between two quantitative variables.
Assume you have been asked to predict the number of houses a particular realtor will sell this year and
you have the following set of variables for the Mount Pleasant realtors. Use this information to respond
to the questions below.
Goal
Trying to predict the
number of houses a
realtor will sell in the
current year. (Assume
it's the end of June so
you have data for the
first half of this year.)
Available Information
Marital status of the realtor
Experience (years)
Number of recommendations from clients
Number of listings in the previous year
Year-to-date number of listings in the current year
Number of houses sold in the previous year
Client satisfaction rating
Average number of hours worked per week as a realtor during the
current year (many realtors sell houses part-time or on the side)
Average number of hours worked per week in a non-real estate job
during the current year
Number of vacation days taken during the current year
Number of co-workers in the realtor's real estate office
Number of children the realtor still has at home
Number of pets the realtor has
From that list of options select a variable that you think will have:
1. a positive linear relationship with "number of houses sold in the current year". Explain/justify
your response.
2.
a negative linear relationship with "number of houses sold in the current year". Explain/justify
your response.
3. almost no linear relationship with "number of houses sold in the current year". Explain/justify
your response.
Your answers will go in the appropriate sections below.
Transcribed Image Text:Part B: Predicting Relationships between two quantitative variables. Assume you have been asked to predict the number of houses a particular realtor will sell this year and you have the following set of variables for the Mount Pleasant realtors. Use this information to respond to the questions below. Goal Trying to predict the number of houses a realtor will sell in the current year. (Assume it's the end of June so you have data for the first half of this year.) Available Information Marital status of the realtor Experience (years) Number of recommendations from clients Number of listings in the previous year Year-to-date number of listings in the current year Number of houses sold in the previous year Client satisfaction rating Average number of hours worked per week as a realtor during the current year (many realtors sell houses part-time or on the side) Average number of hours worked per week in a non-real estate job during the current year Number of vacation days taken during the current year Number of co-workers in the realtor's real estate office Number of children the realtor still has at home Number of pets the realtor has From that list of options select a variable that you think will have: 1. a positive linear relationship with "number of houses sold in the current year". Explain/justify your response. 2. a negative linear relationship with "number of houses sold in the current year". Explain/justify your response. 3. almost no linear relationship with "number of houses sold in the current year". Explain/justify your response. Your answers will go in the appropriate sections below.
You are trying to predict the number of houses a particular realtor will sell in the current year. Choose
from the variables given in the assignment to complete the following tables:
1. Positive relationship
Direction of expected
relationship
Positive relationship
Choice of variable
Why do you think this variable will have a positive relationship with the number of houses a realtor
will sell in the current year?
Expected strength (none,
weak, moderate, strong)
In the space below, explain your choice for the strength of the relationship.
1. Negative Relationship
Direction of expected
relationship
Negative relationship
Choice of variable
Expected strength (none,
weak, moderate, strong)
Why do you think this variable will have a negative relationship with the number of houses a realtor
will sell in the current year?
In the space below, explain your choice for the strength of the relationship.
Transcribed Image Text:You are trying to predict the number of houses a particular realtor will sell in the current year. Choose from the variables given in the assignment to complete the following tables: 1. Positive relationship Direction of expected relationship Positive relationship Choice of variable Why do you think this variable will have a positive relationship with the number of houses a realtor will sell in the current year? Expected strength (none, weak, moderate, strong) In the space below, explain your choice for the strength of the relationship. 1. Negative Relationship Direction of expected relationship Negative relationship Choice of variable Expected strength (none, weak, moderate, strong) Why do you think this variable will have a negative relationship with the number of houses a realtor will sell in the current year? In the space below, explain your choice for the strength of the relationship.
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