Refer to Exercise 13 58 In another study involving the same
Refer to Exercise 13.58. In another study involving the same 22 properties, PRICE was regressed on a single independent variable, LIST, which was the listing price of the property in thousands of dollars.
a. Fit a regression model and predict the selling price of a home that is listed at $ 70,000.
b. What is the chance that your prediction is off by more than $ 3,000?
In exercise
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