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I + m D. Both A and C are correct Use this following information to answer questions 20-22: The following sample data taken from the
I\" + m D. Both A and C are correct Use this following information to answer questions 20-22: The following sample data taken from the real estate sales records, providing the Selling Price Thousands) and the square footage of the home. Selling Price Square ($,000) Footage 301 2,452 282 2,048 332 2,937 420 3,371 396 3,318 436 3,386 327 2,833 299 2, 186 Sale I $ 3 $ i comm 95% 20) Create a regression model to estimate the selling price of a home based on square f0 A. '1}: 22.07 + .939X B. '2: 44.43 + .104X C. '1}: 55.38 + .104X D. '2: 55.38 + .142X 21) Using your model, what is the predicted selling price of a 3,250 square foot house? A. $ 282,430 E. $ 393,380 C. $ 175,238 D. $ 849,125 Answers MBA 624 7 Exam 2 7Winter 2021 1 22) What is the correlation coefcient of Selling Price and Square Footage? A. 0.883 B. 0.863 C. 0.939 D. 0.104 23) Which of the following coefcients represents the strongest correlation? A. 0.75 B. 0.15 I\" O <
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