Question: 4. (20 pts) An article in Technometrics by S. C. Narula and J. F. Wellington [Prediction, Linear Regression, and a Minimum Sum of Relative Errors

4. (20 pts) An article in Technometrics by S. C. Narula and J. F. Wellington ["Prediction, Linear Regression, and a Minimum Sum of Relative Errors" (1977, Vol. 19)] presents data on the selling price and annual taxes for 24 houses. The data are in the following table. In this problem, there are two variables, i.e., Sale Price (response) and Taxes (predictor). 4. (20 pts) An article in Technometrics by S. C. Narula and J. F. Wellington ["Prediction, Linear Regression, and a Minimum Sum of Relative Errors" (1977, Vol. 19)] presents data on the selling price and annual taxes for 24 houses. The data are in the following table. In this problem, there are two variables, i.e., Sale Price (response) and Taxes (predictor)

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