Question: 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

  • 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?

Region

State

County

square feet

listing price

New England

ma

franklin

2,088

356,800

New England

ma

bristol

1,695

362,400

New England

vt

windsor

1,847

187,800

New England

ma

essex

2,245

393,300

New England

nh

cheshire

2,588

331,400

New England

nh

belknap

2,013

357,600

New England

ct

fairfield

2,444

364,100

New England

ma

essex

2,183

391,300

New England

nh

rockingham

2,358

395,000

New England

ct

windham

2,475

381,900

New England

ct

fairfield

1,798

299,700

New England

ct

middlesex

1,900

368,400

New England

ri

kent

2,145

375,800

New England

ri

washington

2,565

416,200

New England

me

kennebec

1,884

294,700

New England

ct

new haven

2,013

329,000

New England

ma

norfolk

1,806

313,400

New England

ma

middlesex

1,966

346,700

New England

ct

tolland

2,018

378,100

New England

me

cumberland

1,744

370,700

New England

ma

worcester

2,246

395,800

New England

ma

franklin

2,247

385,200

New England

nh

grafton

2,131

373,800

New England

ct

hartford

2,293

338,000

New England

ri

newport

2,236

369,600

New England

ma

suffolk

2,491

423,600

New England

ma

hampden

1,952

351,700

New England

vt

rutland

2,552

393,600

New England

ma

plymouth

1,703

311,000

New England

ct

tolland

1,706

317,200

Reflect on the Relationship: Reflect on the
listing price y = 93.384x + 158653 R2 = 0.3223 500,000 450,000 400,000 . ............. 350,000 . . . . . . . . ... . . . . . ........ Listing Price 300,000 250,000 200,000 150,000 100,000 1,000 1,500 2,000 2,500 3,000 Square Ft listing price ......... Linear ( listing price)

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