Question: Determine the R -squared Coefficient: Determine the R -squared value. Discuss what R -squared means in the context of this analysis. Conclusions: Reflect on the
- Determine theR-squared Coefficient: Determine theR-squared value.
- Discuss whatR-squared means in the context of this analysis.
- Conclusions: Reflect on the Relationship: Reflect on the relationship between square feet and sales price by answering the following questions:
- Is the square footage for homes in your selected region different than for homes overall in the United States?
- For every 100 square feet, how much does the price go up (i.e., can you use slope to help identify price changes)?
- What square footage range would the graph be best used for?
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