Data about existing home sales in area 232 of Palo Alto, California, in 2007 are shown in Table 20.

Let F be the square footage of a home, and let P be the home€™s sales price (in thousands of dollars).
a. Construct a scatterplot that describes the association between square footage and sales price.
b. Is the association positive, negative, or neither? What does that mean in this situation?
c. State the street of the home that sold for the least price per square foot. Explain how sizing up the scatterplot can help narrow your search so you do not have to perform so many calculations.
d. State the street of the home that sold for the greatest price per square foot. Explain how sizing up the scatterplot can help narrow your search so you do not have to perform so many calculations.

Transcribed Image Text:

Table 20 Existing Home Sales in Area 232 of Palo Alto, California List Price Sales Price (thousands (thousands Square Footage square Street of dollars) of dollars) Beds Baths Feet) 2150 Barron Av La Jennifer Wy 1195 Kendall Av Josina Av Magnolia Av Timlott Ln Irven Ct Wisteria Ln Kendall Matadero Av 1595 Driscoll Pl Laguna Wy Los Robles Av959 2400 1652 1600 3 2 174 1715 1000 2 996 1500 3 2 1802 1120 31 102 1150 3 25 175 2331 3 2 1351 1295 1395 3 22204 1289 2845 17555 3 2123 1035 2450 5 3 3105 1070 5 4.5 2958 3 3.5 1836 1114