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One of the biggest factors in determining the value of a home is the square footage. The following data represent the square footage and asking
One of the biggest factors in determining the value of a home is the square footage. The following data represent the square footage and asking price (in thousands of dollars) for a random sample of homes for sale in Naples, Florida, in December 2010. Follow all the necessary steps with bivariate data: a) Scatterplot with equation and coefficient of determination, b) Find correlation coefficient and interpret, c) Interpret slope and y-intercept, d) Interpret coefficient of determination, e) Give residual plot and tell what you see. f) Finish with quadratic regression if needed List each step and show what you found. Type everything in Excel
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