SOLVED:Choose one of these three data sets. (a) Make a scatter plot. (b) Let Excel estimate the regression line, with fitted equation and R^2. (c) Describe the fit of the regression. (d) Write the fitted regression equation and interpret the slope. (e) Do you think that the estimated intercept is meaningful? Explain. Commercial Real Estate ( X= assessed value, 000 ; Y= floor space, sq. ft.) (n=15) Assessed Assessed Size 1,796 4,790 1,544 4,720 2,
SOLVED:Choose one of these three data sets. (a) Make a scatter plot. (b) Let Excel estimate the regression line, with fitted equation and R^2. (c) Describe the fit of the regression.
Choose one of these three data sets. (a) Make a scatter plot. (b) Let Excel estimate the regression line, with fitted equation and R^2. (c) Describe the fit of the regression. (d) Write the fitted regression equation and interpret the slope. (e) Do you think that the estimated intercept is meaningful? Explain. Commercial Real Estate ( X ...
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Below are four bivariate data sets and their scatter plots. Note that all of the scatter plots are displayed with the same scale. Each data set is made up of sample values drawn from a population.Data Set 1:(1.0, 2.0), (6.9, 4.3), (3.0, 5.0), (6.0, 0.0), (9.0, 10.0)Data Set 2:(1.0, 13.2), (2.0, 4.3), (3.0, 0.0), (5.0, 6.0), (0.0, 9.0), (10.0, 5.0)Data Set 3:(6.0, 4.7), (10.0, 2.5), (2.0, 0.5), (3.0, 9.7), (3.0, 5.0)Data Set 4:(9.0, 10.0), (4.4, 8.0), (9.0, 10.0), (7.0, 5.0)Answer the following q
Below are four bivariate data sets and their scatter plots. Note that all of the scatter plots are displayed with the same scale. Each data set is made up of sample values drawn from a population.Data Set 1:(1.0, 2.0), (6.9, 4.3), (3.0, 5.0), (6.0, 0.0), (9.0, 10.0)Data Set 2:(1.0, 13.2), (2.0, 4.3), (3.0, 0.0), (5.0, 6.0), (0.0, 9.0), (10.0, 5.0)Data Set 3:(6.0, 4.7), (10.0, 2.5), (2.0, 0.5), (3.0, 9.7), (3.0, 5.0)Data Set 4:(9.0, 10.0), (4.4, 8.0), (9.0, 10.0), (7.0, 5.0)Answer the following q
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