Question
Table #10.1.6 contains the value of the house and the amount of rental income in a year that the house brings in (Capital and rental,
Table #10.1.6 contains the value of the house and the amount of rental income in a year that the house brings in ("Capital and rental," 2013).Find the correlation coefficient and coefficient of determination and then interpret both.
Table #10.1.6: Data of House Value versus Rental
ValueRentalValueRentalValueRentalValueRental
810006656770004576750007280675006864
950007904940008736900006240850007072
12100012064115000790411000070721040007904
1350008320130000977612600062401250007904
1450008320140000956814000091521350007488
16500013312165000852815500074881480008320
1780001185617400010400170000956817000012688
2000001227220000010608194000112321900008320
214000852820800010400200000104002000008320
24000010192240000120642400001164822500012480
28900011648270000128962620001019224450011232
32500012480310000124803030001227230000012480
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Calculus
Authors: Dale Varberg, Edwin J. Purcell, Steven E. Rigdon
9th edition
131429248, 978-0131429246
