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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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