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What is the interpretation of a scatter plot with a linear equation of y= 118.27x + 98817 mean? R2 = 0.6802 Variables List Price of

What is the interpretation of a scatter plot with a linear equation of y= 118.27x + 98817 mean?

R2 = 0.6802

Variables List Price of homes, Square feet of homes

Mean $356,944 2183

Median $313,300 1844

Stdev 147927.7 1031.564

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