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1.5 Compare your answers in 1.1 and 1.4. Explain why there is a difference. Question 2 (10) [20] Selling prices (N$ 1 000s) and Valuations

1.5 Compare your answers in 1.1 and 1.4. Explain why there is a difference. Question 2 (10) [20] Selling prices (N$ 1 000s) and Valuations (NS 1 000s) of a random sample of ten two-bedroom apartments sold during the last quarter of 2021 are shown in the table below: Selling price (N$ 1000) Valuation (N$ 1000) 1 572 488 2 945 988 3 831 766 4 631 587 5 553 430 6 871 617 7 980 760 8 482 498 9 570 516 10 950 969 Required: a) Construct a scatter diagram for the data. b) Calculate and interpret the correlation coefficient. -END OF ASSIGNMENT 1

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