Question: Hello, I need help please. fCHALLENGE ACTIVITY 3.3.3: Excel: Using regression to make predictions. Click this link to download the spreadsheet for use in this
Hello, I need help please.


\fCHALLENGE ACTIVITY 3.3.3: Excel: Using regression to make predictions. Click this link to download the spreadsheet for use in this activity. Use the Regression function in the Data Analysis ToolPak Specify the data range for the response variable in "Input Y Range" and the data range for the explanatory variable in "Input X Range". V Jump to level 1 1 A researcher is analyzing the relationship between various variables in housing data for 32 cities: median list V 2 prices of single family homes, condominium or co-ops, all homes, median household income, unemployment rate, and population. 3 What is the coefficient of determination R for the model that predicts the list price of single family homes using the list price of condominiums or co-ops as an explanatory variable? R2 = Ex: 1.234 The interpretation of this coefficient of determination in context is that Ex: 1.234 % of the variance in the list price of single family homes is explained by the variance in the list price of condominiums or co-ops. 2 3 Check Next
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