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.
Interpretation of r2: _____________________________________________________
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The solution provides a regression analysis for the given data.