A newly married couple is looking for a new 3-bedroom house in London. They surveyed 12...

 

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A newly married couple is looking for a new 3-bedroom house in London. They surveyed 12 houses they liked and recorded the price and the distance from the nearest station of those houses. The data is given in the following table. House 123456RHS 7 8 9 10 11 Price (E000's) 420 450 420 380 370 410 400 525 500 360 365 390 Distance (miles) 1.8 0.6 0.5 0.8 1.2 2.3 21166N 0.1 0.4 3.6 0.7 a) Plot the data in a scatter graph. (4 marks) b) Use these values to calculate the correlation between house prices and distance from the station. (10 marks) c) Interpret the results found in (b). (2.3 marks) d) Calculate the regression line of "Price" on "Distance" and draw it on your scatter diagram. (17 marks) A newly married couple is looking for a new 3-bedroom house in London. They surveyed 12 houses they liked and recorded the price and the distance from the nearest station of those houses. The data is given in the following table. House 123456RHS 7 8 9 10 11 Price (E000's) 420 450 420 380 370 410 400 525 500 360 365 390 Distance (miles) 1.8 0.6 0.5 0.8 1.2 2.3 21166N 0.1 0.4 3.6 0.7 a) Plot the data in a scatter graph. (4 marks) b) Use these values to calculate the correlation between house prices and distance from the station. (10 marks) c) Interpret the results found in (b). (2.3 marks) d) Calculate the regression line of "Price" on "Distance" and draw it on your scatter diagram. (17 marks)

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