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I need answer for the B section. The data table found below contains information about the prices and sizes of 112 homes for sale in
I need answer for the B section.
The data table found below contains information about the prices and sizes of
112
homes for sale in an area. The data include a categorical variable Condo (coded as yes or no) which indicates whether the home is a condominium. In a model of the price per square foot in thousands of dollars using the reciprocal of the number of square feet as the explanatory variable, the intercept estimates the variable cost per square foot and the slope of
1/SqFt
estimates the fixed costs present regardless of the size of the home. Complete parts a through e below.
Click the icon to view the data table.
Price/SqFt | 1/SqFt | Condo |
412.54999 | 0.000268 | No |
656.3827 | 0.001664 | Yes |
469.53922 | 0.000618 | No |
461.65007 | 0.001422 | No |
392.14421 | 0.000633 | No |
352.31107 | 0.000602 | No |
356.57307 | 0.000575 | No |
363.31793 | 0.0011 | Yes |
294.49816 | 0.000921 | Yes |
515.30685 | 0.001558 | Yes |
285.38618 | 0.000483 | No |
429.49192 | 0.00101 | No |
517.47385 | 0.001067 | Yes |
529.86943 | 0.001062 | No |
457.91659 | 0.000917 | No |
310.45777 | 0.000591 | Yes |
336.31453 | 0.0003 | Yes |
447.96861 | 0.001495 | No |
494.76812 | 0.001035 | Yes |
268.45087 | 0.000561 | No |
215.40154 | 0.000769 | No |
364.55199 | 0.000972 | Yes |
363.43539 | 0.000463 | No |
481.22354 | 0.00108 | Yes |
288.48916 | 0.000482 | No |
491.58709 | 0.000252 | No |
407.1886 | 0.001357 | Yes |
305.99117 | 0.000679 | No |
394.15158 | 0.000509 | No |
441.38449 | 0.000816 | Yes |
555.39415 | 0.001393 | No |
464.38544 | 0.000467 | No |
330.14361 | 0.000441 | No |
368.41726 | 0.000263 | No |
283.34077 | 0.000245 | No |
496.90095 | 0.000315 | No |
438.0117 | 0.000487 | No |
543.0565 | 0.001412 | Yes |
424.86443 | 0.0005 | No |
453.01032 | 0.000287 | No |
438.91946 | 0.000516 | Yes |
237.45452 | 0.000272 | No |
688.7663 | 0.001087 | Yes |
410.13912 | 0.001637 | Yes |
293.2176 | 0.000489 | No |
453.98162 | 0.001081 | Yes |
379.77183 | 0.000393 | No |
241.17291 | 0.000241 | No |
377.29948 | 0.000521 | No |
265.41512 | 0.000501 | No |
290.31092 | 0.000352 | No |
181.62241 | 0.000319 | No |
533.85719 | 0.000356 | No |
409.52106 | 0.001203 | No |
437.42248 | 0.001938 | Yes |
333.1976 | 0.000333 | No |
437.08748 | 0.000366 | No |
322.52073 | 0.00068 | No |
402.98042 | 0.001224 | Yes |
406.02474 | 0.00024 | No |
433.42161 | 0.000667 | Yes |
475.1052 | 0.001131 | No |
387.23966 | 0.001724 | Yes |
588.50656 | 0.000453 | No |
312.30901 | 0.000329 | No |
536.20693 | 0.000223 | No |
412.0297 | 0.00055 | No |
214.81148 | 0.000452 | No |
517.41892 | 0.002252 | Yes |
328.27508 | 0.000229 | No |
337.1573 | 0.000803 | Yes |
259.5205 | 0.000519 | No |
531.48621 | 0.000788 | Yes |
347.59745 | 0.000387 | No |
252.24485 | 0.000389 | No |
395.4114 | 0.001239 | Yes |
317.58327 | 0.000353 | No |
483.01026 | 0.000285 | No |
407.60136 | 0.000522 | No |
413.10367 | 0.000917 | No |
386.38544 | 0.002141 | Yes |
449.7404 | 0.000265 | No |
320.49359 | 0.00061 | No |
256.09545 | 0.001136 | Yes |
400.25215 | 0.00123 | No |
515.18232 | 0.001842 | Yes |
509.15465 | 0.001502 | Yes |
259.53318 | 0.000577 | No |
245.25147 | 0.000491 | No |
448.49963 | 0.000747 | No |
305.05778 | 0.001605 | Yes |
434.62282 | 0.001934 | Yes |
390.05441 | 0.00045 | No |
468.06466 | 0.001078 | Yes |
469.96437 | 0.000244 | No |
183.36788 | 0.000432 | No |
345.53161 | 0.000267 | No |
358.91097 | 0.000308 | No |
307.93033 | 0.000474 | No |
387.35245 | 0.001686 | Yes |
398.69437 | 0.000569 | No |
459.77068 | 0.00094 | Yes |
353.23776 | 0.000505 | No |
431.12803 | 0.000865 | Yes |
302.70473 | 0.001631 | Yes |
341.27383 | 0.000711 | No |
311.80129 | 0.000462 | No |
351.19076 | 0.000402 | No |
267.82002 | 0.001192 | Yes |
439.38936 | 0.001401 | Yes |
420.27069 | 0.001403 | Yes |
314.48493 | 0.000175 | No |