Question: Refer to the previous two exercises a Explain the difference between

Refer to the previous two exercises.
a. Explain the difference between the residual standard deviation of 52,771.5 and the standard deviation of 56,357 reported for the selling prices.
b. Since they’re not much different, explain why this means that number of bedrooms is not strongly associated with selling price. Support this by reporting and interpreting the value of r2.

View Solution:

Sale on SolutionInn
  • CreatedSeptember 11, 2015
  • Files Included
Post your question