Question
The accompanying data file shows the square footage and associated property taxes for 20 homes in an affluent suburb 30 miles outside of New York
The accompanying data file shows the square footage and associated property taxes for 20 homes in an affluent suburb 30 miles outside of New York City.
Estimate a home'sproperty taxes as a linear function of the size of the home (measured by its square footage).
Round your answers to 2 decimal places.
What proportion of the sample variation in property taxes is explained by the home's size?
Round your answer into 2 decimal places.
What proportion of the sample variation in property taxes is unexplained by the home's size?
Round your answer into 2 decimal places.
Data:
Property_Taxes | Size |
21946 | 2463 |
17371 | 2531 |
18237 | 1888 |
15682 | 1107 |
43989 | 5668 |
33624 | 2563 |
15236 | 2184 |
16621 | 1990 |
18265 | 2090 |
16073 | 1276 |
15228 | 1377 |
36004 | 3018 |
31049 | 2860 |
42042 | 3358 |
14390 | 1599 |
38967 | 3994 |
25328 | 4068 |
22872 | 2462 |
16165 | 3555 |
29288 | 2803 |
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