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A national homebuilder builds single-family homes and condominium-style townhouses. The Excel file House Sales provides information on the selling price, lot cost, type of home,
A national homebuilder builds single-family homes and condominium-style townhouses. The Excel file House Sales provides information on the selling price, lot cost, type of home, and region of the country (Midwest, South) for closings during one month. Construct a scatter diagram showing the relationship between sales price and lot cost. What conclusion can you reach?
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