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https://1drv.ms/x/s!Ah9Ylm4JS1ELiy_D1FIQsQuS3GHk?e=XxPBCq Question: Examine the correlation coefficients for ASSESVAL and LIVAREA, LOT_SIZE, and BEDROOMS. Define the correlation coefficient. What does a strong relationship imply? Interpret the
https://1drv.ms/x/s!Ah9Ylm4JS1ELiy_D1FIQsQuS3GHk?e=XxPBCq
Question: Examine the correlation coefficients for ASSESVAL and LIVAREA, LOT_SIZE, and BEDROOMS. Define the correlation coefficient. What does a "strong" relationship imply? Interpret the results. Which of the predictive variables, if any (i.e., living area, lot size, the number of bedrooms), have a strong relationship with assessed value? Does this necessarily mean that we can predict the assessed value of the property by knowing these variables?
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