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Price in $ of a property is expected to be correlated area size (SQFT) of the property measured in sq ft. Listed below is the
Price in $ of a property is expected to be correlated area size (SQFT) of the property measured in sq ft. Listed below is the regression analysis statistics. Using the regression analysis statistics below, summarize the finding from the correlation coefficient (Multiple R). Regression Statistics Multiple R 0.992975 R Square 0.985999 Adjusted R Square 0. 985985 Standard Error 133.4956 Observations 1000 O There is strong positive correlation between the Price in $ and the sq. ft. area of the property. O There is weak positive correlation between the Price in $ and the sq. ft. area of the property. O There is strong negative correlation between the Price in $ and the sq. ft. area of the property. O There is weak negative correlation between the Price in $ and the sq. ft. area of the property
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