Question: Refer to Exercise 16.12. a. Determine the standard error of estimate, and describe what this statistic tells you about the regression line. b. Can we

Refer to Exercise 16.12.

a. Determine the standard error of estimate, and describe what this statistic tells you about the regression line.

b. Can we conclude that the size and price of the apartment building are linearly related?

c. Determine the coefficient of determination and discuss what its value tells you about the two variables.


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