Question: - First Order Regression Model with Quantitative and Qualitative Variables Correlation Analysis . Model #1 - First Order Regression Model with Quantitative and Qualitative Variables

- First Order Regression Model with Quantitative and Qualitative Variables

Correlation Analysis

. Model #1 - First Order Regression Model with Quantitative and Qualitative Variables

Correlation Analysis

  • Create the following scatterplots and include a copy of each in this section:
    • Price (price) vs. the living area (sqft_living)
    • Price (price) vs. the age of the home (age)
  • Describe what trends, if any, exist for each scatterplot.
  • Report the correlation coefficients between the following variables:
    • Price (price) vs. the living area (sqft_living)
    • Price (price) vs. the age of the home (age)
  • Describe the strength and direction of each correlation coefficient.

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