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The cost of a home depends on the number of bedrooms in the house. Suppose the following data is recordedfor homes in a given townprice
The cost of a home depends on the number of bedrooms in the house. Suppose the following data is recordedfor homes in a given townprice (in thousands)300,250,400,550,317,389,425,289,389,559,No.
bedrooms 3,3,4,4,3,6,3,4,5,Make a scatterplot, and Ft the data with a regression line. On the same graph, test the hypothesis that anextra bedroom costs $60,000 against the alternative that it costs more.
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