Question: Generate the following output: 1. Scatterplot 2. Correlation coefficient 3. Simple regression 4. Predicted price (rent) for a 500 sq ft apartment, including 95% prediction

Generate the following output: 1. Scatterplot 2. Correlation coefficient 3. Simple regression 4. Predicted price (rent) for a 500 sq ft apartment, including 95% prediction interval 5. Residual plot 6. Shapiro-Wilk test for residuals Answer the following questions: 1. What is the form, direction and strength of the association between price and sqft? 2. What is the correlation coefficient? 3. Is there a significant linear association between sqft and price? 4. What is the regression equation? 5. What is the expected change in price for every extra square foot of space? 6. Find a predicted price for a 500 square foot apartment. 7. Find a prediction interval for an individual 500 square foot apartment and interpret the interval. 8. Evaluate the model

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