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AutoSave . Off) Consider the possibility of a crisis that requires employees to alter their work habits virtually overnight (AutoRe... A SWETHA PAGADALA BALAJI SP

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AutoSave . Off) Consider the possibility of a crisis that requires employees to alter their work habits virtually overnight (AutoRe... A SWETHA PAGADALA BALAJI SP X File Home Insert Draw Design Layout References Mailings Review View Help Comments Share Question 4 A store manager wants to determine the effect of house sizes on sales prices. He has randomly selected 10 houses for the study. The sizes of houses (square feet) and sales prices ($'000) were recorded as below. No. House Size (square feet) Sales Price ($'000) 1002 772 1252 526 IAWN 1270 398 1200 330 1591 797 1971 794 1182 720 1010 585 1659 781 1618 635 Scatterplot of Sales Price vs House Size 900 800 700 600 500 ales Price 400 300 200 100 500 1000 1500 2000 2500 House Size Ac Go Activate Windows Go to Settings to activate Windows. 1 Page 2 of 5 1304 words X ?Accessibility: Unavailable " Focus + 193% Type here to search Tally w * x 9:30 PM 4/18/2022AutoSave . Off) Document1 - Word Search (Alt+Q) A SWETHA PAGADALA BALAJI SP X File Home Insert Draw Design Layout References Mailings Review View Help Comments Share - OBM101 (January 2022 Semester, Take Home Examination) Page 5 v. Estimate the sales price of a house with size of 1200 square feet. Comment on the reliability of the estimation. (3 marks) vi. At 1% level of significance, is there a positive linear relationship between the size of the house and its sales price? (6 marks) * * * END OF EXAMINATION PAPER * * * Activate Windows Go to Settings to activate Windows. Page 1 of 1 1 word Accessibility: Investigate Focus + 161% Type here to search Tally s W 9:32 PM 4/18/2022

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