The regression of Price on Size of homes in Albuquerque had R2 = 71.4%, as described in
Question:
a) What is the correlation between Size and Price?
b) What would you predict about the Price of a home 1 SD above average in Size?
c) What would you predict about the Price of a home 2 SDs below average in Size?
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a The correlation between size and price is r R 2 0714 0845 The positive value of the square root i...View the full answer
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Related Book For 
Stats Data and Models
ISBN: 978-0321986498
4th edition
Authors: Richard D. De Veaux, Paul D. Velleman, David E. Bock
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