Question
ASSIGNMENT 1QUESTION 1 a)The following table gives the square footage and the sale price of 10 houses randomly selected from those sold in Seremban.HouseSquare feetPrice
ASSIGNMENT 1QUESTION 1 a)The following table gives the square footage and the sale price of 10 houses randomly selected from those sold in Seremban.HouseSquare feetPrice (RM '000)11,64015822,10023531,75021841,50016551,80019662,40026571,90023081,56016592,600296103,200385i)Find the equation of the regression line that best fits the data.ii)Interpret the value of b in the regression equation.iii)Calculate the coefficient of determination and explain its meaning in the context of this study.iv)Estimate the expected price of a house that has an area of 2,200 square feet.
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