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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.
  • This calculator might be of some help.
  • https://www.socscistatistics.com/tests/regression/default.aspx(Links to an external site.)

We can say the data has a positive correlation but what does that mean?

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