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Median Listing Price Median Square Feet Mean- 220,024 Mean- 1,626 Median- 220,800 Median- 1,643 StandardDev- 39217.03 StandardDev- 242.2971 listing price $'s per square foot square

Median Listing Price Median Square Feet Mean- 220,024 Mean- 1,626 Median- 220,800 Median- 1,643 StandardDev- 39217.03 StandardDev- 242.2971

listing price

$'s per square foot

square feet

219,500

$116

1,898

254,500

$156

1,632

235,000

$148

1,588

203,800

$141

1,441

220,800

$117

1,893

197,600

$111

1,783

165,800

$122

1,362

246,500

$136

1,814

154,300

$105

1,463

149,700

$116

1,296

145,100

$117

1,239

283,700

$136

2,087

243,000

$133

1,827

229,100

$187

1,224

205,100

$118

1,740

235,600

$140

1,682

212,900

$128

1,659

221,600

$134

1,651

257,700

$123

2,087

211,900

$168

1,263

160,800

$114

1,416

204,200

$131

1,562

172,500

$101

1,710

253,900

$146

1,738

166,300

$127

1,305

210,036

$137

1,752

241,400

$164

1,469

304,300

$152

1,996

248,900

$132

1,880

187,900

$131

1,434

311,100

$154

2,015

254,500

$156

1,628

213,800

$172

1,243

214,100

$134

1,596

207,500

$123

1,688

171,600

$141

1,218

236,700

$140

1,692

266,100

$166

1,599

171,800

$118

1,452

225,300

$151

1,493

227,600

$147

1,550

228,300

$115

1,978

177,000

$107

1,658

248,300

$156

1,587

199,700

$147

1,359

278,700

$165

1,693

185,800

$101

1,847

213,500

$130

1,643

188,000

$151

1,246

270,700

$149

1,815

257,200

$127

2,018

192,400

$129

1,494

  1. Scatterplot: Provide a graph of the scatterplot of the data with a line of best fit.
    1. Explain if a regression model is appropriate to develop based on your scatterplot.
  2. Discuss associations: Based on the scatterplot, discuss the association (direction, strength, form) in the context of your model.
    1. Identify any possible outliers or influential points and discuss their effect on the correlation.
    2. Discuss keeping or removing outlier data points and what impact your decision would have on your model.
  3. Find r: Find the correlation coefficient (r).
    1. Explain how the r value you calculated supports what you noticed in your scatterplot.

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