Back to our regression of house Price (in thousands of $) on house Size (in thousands of
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Question:
Back to our regression of house Price (in thousands of $) on house Size (in thousands of square feet). The R2 value is reported as 59.5%, and the standard deviation of the residuals is 53.79. Is the correlation of Price and Size positive or negative? How do you know?
Related Book For
Mathematical Statistics with Applications in R
ISBN: 978-0124171138
2nd edition
Authors: Chris P. Tsokos, K.M. Ramachandran
Posted Date: