Refer to the previous exercise about the association between prices and sizes of houses. Recall that the

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Refer to the previous exercise about the association between prices and sizes of houses. Recall that the data file HousePrices contains data on prices ($) and sizes (in square feet) for a random sample of houses that sold in the year 2006 in Arroyo Grande, California.
a. Enter the data into the Corr/Regression applet and conduct a simulation-based test of significance. Report the approximate p-value.
b. Interpret the p-value reported in part (a).

c. Summarize your conclusion (significance, causation, generalizability) from this simulation analysis. Also describe the reasoning process by which your conclusion follows from your simulation results.

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Introduction To Statistical Investigations

ISBN: 9781118172148

1st Edition

Authors: Beth L.Chance, George W.Cobb, Allan J.Rossman Nathan Tintle, Todd Swanson Soma Roy

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