regression equation? 59. Home Size and Price. Is the number of square meters of living space a good predictor of a house's selling price? The following data collected in April, 2015, show the square meter- age and selling price for fifteen houses in Winston Salem, North Carolina (Zillow.com). Size Selling Price ( sq. m) ($1000s) 117 117.5 281 299.9 185 139.0 85 45.6 174 129.9 244 274.9 "A file 242 259.9 uses 211 177.0 214 175.0 193 189.9 104 95.0 128 82.1 167 169.0 146 96.5 135 114.9 Source: Zillow.com, April 5, 2015. (https://www.zillow.com/) a. Develop a scatter diagram with square meters of living space as the independent variable and selling price as the dependent variable. What does the scatter diagram indicate about the relationship between the size of a house and the selling price? b. Develop the estimated regression equation that could be used to predict the selling price given the number of square meters of living space. c. At the .05 level, is there a significant relationship between the two variables? d. Use the estimated regression equation to predict the selling price of a 185 square meter house in Winston Salem, North Carolina. Chapter 14 Simple Lillearn J e. Do you believe the estimated regression equation developed in part (b) will provide a good prediction of selling price of a particular house in Winston Salem, North Carolina? Explain. f. Would you be comfortable using the estimated regression equation developed in part (b) to predict the selling price of a particular house in Seattle, Washington? Why or why not? 60. Online Education. One of the biggest changes in higher education in recent years has with of online universities The Online Education Database is an independ