Explore the relationship between the selling prices (Y) and the appraised values (X) of the 148 homes

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Explore the relationship between the selling prices (Y) and the appraised values (X) of the 148 homes in the file P02_11.xlsx by estimating a simple linear regression equation. Find a 95% confidence interval for the model’s slope parameter (β1). What does this confidence interval tell you about the relationship between Y and X for these data?

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Data Analysis and Decision Making

ISBN: 978-0538476126

4th edition

Authors: Christian Albright, Wayne Winston, Christopher Zappe

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