Question 1: What is the correlation coefficient for the data?

Question 2: What is the percentage of variation in the asking price that is NOT explained by the home size?

Question 3: What is the interpretation of the slope of the regression line? Be as specific to the given situation of possible.

11:05 AA & moodle.rocky.edu Q Information Flag question The following scatter plot shows the home size (in square feet) and the asking price of 20 randomly selected single-family homes for sale in ZIP code 59102. Source: realtor.com, 4/11/2013. $1,000,000 $900,000 $800,000 $700,000 $600,000 Asking Price $500,000 $400,000 $300,000 $200,000 y= 83.536x + 16049 $100,000 R = 0.5944 SO 0 1000 2000 3000 4000 5000 6000 7000 8000 Home Size [sq ft] Question 20 Incomplete answer Marked out of 5.00 Flag question m