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City Single family Condo or co-op All homes Household income Unemployment Population Atlanta, GA 403,000 298,000 317,000 55,279 8.5 498044 Minneapolis, MN 331,000 291,000 323,000

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CitySingle familyCondo or co-opAll homesHousehold incomeUnemploymentPopulation
Atlanta, GA403,000298,000317,00055,2798.5498044
Minneapolis, MN331,000291,000323,00058,9937.5425403
Cincinatti, OH208,000211,000191,00038,54510.1302605
San Diego, CA829,000536,000725,00075,4568.81426000
Reno, NV450,000247,000441,00054,9166.9250998
Portland, OR518,000411,000514,00065,7408.9653115
Sioux Falls, SD257,000175,000248,00059,0173.4181883
Kansas City, MO184,000219,000187,00052,4057.5491918
Chicago, IL292,000357,000297,00055,19813.82706000
Savannah, GA210,000206,000203,00041,0938.8145862
Bloomington, IN261,000188,000248,00034,4354.784981
Seattle, WA890,000573,000837,00085,5626.6744955
Concord, NH297,000178,000284,00062,9675.243412
Augusta, ME172,000130,000176,00040,3405.418681
Des Moines, IA162,000186,000165,00052,2516.4216853
Lincoln, NB228,000186,000225,00055,2243.2287401
Nampa, ID298,000258,000305,00044,6916.496252
Draper, UT613,000418,000599,000115,6184.848319
Houston, TX246,000177,000209,00051,1409.82326000
Memphis, TN122,000170,000112,00039,10812.1650618
Waco, TX170,000127,000164,00037,7357.0138183
Jackson, MS68,438121,00048,57937,5639.3164422
Tampa, FL330,000245,000289,00050,9096.9392890
Atlantic City, NJ134,000112,000123,00027,78615.837804
Bozeman, MT535,000343,000499,00051,8963.948532
Las Vegas, NV333,000183,000318,00054,69414.1644644
San Francisco, CA1,640,0001,280,0001,490,000104,5528.4888305
Philadelphia, PA209,000335,000216,00043,74411.71584000
Charlotte, NC311,000234,000280,00060,8868.1872498
Ann Arbor, MI440,000282,000412,00063,9565.0121890
Charleston, SC407,000303,000364,00064,5994.8133762
San Antonio, TX215,000165,000213,00046,3178.01487000
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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-ops, all homes; median household income; unemployment rate, and population. What is the coefcient of determination R2 for the model that predicts the list price of all homes using the list price of single family homes as an explanatory variable?I R2 = EX: 1.234 The interpretation of this coefficient of determination in context is that EX: 1.234 % of the variance in the list price of all homes is explained by the variance in the list price of single family homes

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