In Problem 13.9 on page 532, an agent for a real estate company wanted to predict the monthly rent for apartments, based on the size of the apartments. Perform a residual analysis for these data (stored in Rent). Based on these results, evaluate whether the assumptions of regression have been seriously violated.
In problem
Rent ($) Size (Square Feet)
950........................................850
1,600....................................1,450
1,200....................................1,085
1,500....................................1,232
950........................................718
1,700....................................1,485
1,650....................................1,136
935........................................726
875........................................700
1,150......................................956
1,400....................................1,100
1,650....................................1,285
2,300....................................1,985
1,800....................................1,369
1,400....................................1,175
1,450....................................1,225
1,100....................................1,245
1,700....................................1,259
1,200....................................1,150
1,150......................................896
1,600....................................1,361
1,650....................................1,040
1,200......................................755
800......................................1,000
1,750....................................1,200