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Regression Analysis on Phase V

Regression Analysis Problem.

Answer the following questions based on the above table.
A. How many houses were sold last week?
n = _________?

B. What is the dependent variable? Size of homes or selling prices? _____________________

C. What is the independent variable? Size of homes or selling prices? _______________

D. Is the relationship between X &Y positive, negative or no neutral? _______________

E. Is the relationship weak, moderate, strong or perfect? __________________

F. What is the value of coefficient of determination? Interpret the result.
r2 _____

Interpretation of r2: _____________________________________________________

See attached file for full problem description.


Solution Summary

The solution provides a regression analysis for the given data.