Question: A regression analysis relating the current market value in dollars to the size in square feet of homes in Greene County, Tennessee, follows. The regression

A regression analysis relating the current market value in dollars to the size in square feet of homes in Greene County, Tennessee, follows. The regression equation is: Value 5 237,186 1 65.0 Size.


A regression analysis relating the current market value in dollars


a. How many homes were in the sample?
b. Compute the standard error of estimate.
c. Compute the coefficient of determination.
d. Compute the correlation coefficient.
e. At the .05 significance level, does the evidence suggest a positive association between the market value of homes and the size of the home in squarefeet?

Predictor Constant Size Coef -37186 64.993 SE Coef 46298.03 21.33 0.000 0.000 3.047 Analysis of Variance ource Regression Reaidual Error Total MS 13548662082 29778406 DF 13548662082 982687392 14531349474 454.98 0.000 34

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