A real estate agent specializing in commercial real estate wanted a more precise method of judging the
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A real estate agent specializing in commercial real estate wanted a more precise method of judging the likely selling price (in $1,000s) of apartment buildings. As a first effort, she recorded the price of a number of apartment buildings sold recently and the number of square feet (in 1,000s) in the building.
a. Calculate the regression line.
b. What do the coefficients tell you about the relationship between price and square footage?
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Related Book For
Statistics For Management And Economics Abbreviated
ISBN: 9781285869643
10th Edition
Authors: Gerald Keller
Question Posted:
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