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Let use assume that you are going to purchase a house you know that the more floor space you have the more the house is
Let use assume that you are going to purchase a house you know that the more floor space you have the more the house is going to cost. You decide to collect some data.
square feet
1400 1900 1900 2100 2250 1450 2300 3100
Price in kilo dollars
200 245 260 300 310 190 400 525
- Simple linear regression:Regression between one dependent variable and asingleindependent variable.
We can say the data has a positive correlation but what does that mean?
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