Question: In an attempt to determine whether a linear relationship exists

In an attempt to determine whether a linear relationship exists between the price of a home and the number of days it takes to sell the home, a real estate agent collected the following data from recent sales in his city.


a. Calculate the covariance. What kind of linear relationship exists?
b. Calculate the correlation coefficient. Comment on the strength of the linearrelationship.


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  • CreatedJanuary 28, 2015
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