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A researcher is analyzing the relationship between various variables in housing data for 32 cities: median list prices of single family homes, condominium or co-opsr
A researcher is analyzing the relationship between various variables in housing data for 32 cities: median list prices of single family homes, condominium or co-opsr all homes, median household incomer unemployment rate, and population. What is the correlation coefcient R for the model that predicts the list price of all homes using median household income as an explanatory variable? R = 1234 : What is the interpretation of this correlation coefficient in context? A correlation exists between the list price of all homes and median household income
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