=+5.28 The following data on sale price, size, and land-tobuilding ratio for 10 large industrial properties
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=+5.28 ● The following data on sale price, size, and land-tobuilding ratio for 10 large industrial properties appeared in the paper “Using Multiple Regression Analysis in Real Estate Appraisal” (Appraisal Journal [2002]: 424–430):
a. Calculate and interpret the value of the correlation coefficient between sale price and size.
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Related Book For
Statistics The Exploration And Analysis Of Data
ISBN: 9781111804138
6th Edition
Authors: John M Scheb, Jay Devore, Roxy Peck
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