Statement of a problem № m105


A regression analysis relating the current market value in dollars to the size in square feet of homes in Greene County, Tennessee, follows. The regression equation is: Value 5 237,186 1 65.0 Size.  a. How many homes were in the sample? b. Compute the standard error of estimate. c. Compute the coefficient of determination. d. Compute the correlation coefficient. e. At the .05 significance level, does the evidence suggest a positive association between the market value of homes and the size of the home in squarefeet?

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