You have been hired by the D. M. Pan National Real Estate Company to develop a model to predict housing prices for homes sold in 2019. The CEO of D. M. Pan wants to use this information to help their real estate agents better determine the use of square footage as a benchmark for listing home prices. Your task is to provide a report predicting the housing prices based on square footage.

1. Describe the report: Give a brief description of the purpose of your report.
   1. Define the question your report is trying to answer.
   2. Explain when using linear regression is most appropriate.
      1. What would you expect the scatterplot to look like when using linear regression?
   3. Explain the difference between response and predictor variables in a linear regression to justify the selection of variables.