Question: Set up an Excel worksheet to apply formulas (8.5) and (8.6) to compute the values of b 0 and b 1 for the data in

Set up an Excel worksheet to apply formulas (8.5) and (8.6) to compute the values of b0 and b1 for the data in the Excel file Home Market Value.

Everything needed for this question can be found below:

Formula 8.5: Set up an Excel worksheet to apply formulas (8.5) and (8.6) to

Formula 8.6: compute the values of b0 and b1 for the data in the

Home Market Value
House Age Square Feet Market Value
33 1,812 $90,000.00
32 1,914 $104,400.00
32 1,842 $93,300.00
33 1,812 $91,000.00
32 1,836 $101,900.00
33 2,028 $108,500.00
32 1,732 $87,600.00
33 1,850 $96,000.00
32 1,791 $89,200.00
33 1,666 $88,400.00
32 1,852 $100,800.00
32 1,620 $96,700.00
32 1,692 $87,500.00
32 2,372 $114,000.00
32 2,372 $113,200.00
33 1,666 $87,500.00
32 2,123 $116,100.00
32 1,620 $94,700.00
32 1,731 $86,400.00
32 1,666 $87,100.00
28 1,520 $83,400.00
27 1,484 $79,800.00
28 1,588 $81,500.00
28 1,598 $87,100.00
28 1,484 $82,600.00
28 1,484 $78,800.00
28 1,520 $87,600.00
27 1,701 $94,200.00
28 1,484 $82,000.00
28 1,468 $88,100.00
28 1,520 $88,100.00
27 1,520 $88,600.00
27 1,484 $76,600.00
28 1,520 $84,400.00
27 1,668 $90,900.00
28 1,588 $81,000.00
28 1,784 $91,300.00
27 1,484 $81,300.00
27 1,520 $100,700.00
28 1,520 $87,200.00
27 1,684 $96,700.00
27 1,581 $120,700.00

i-1 i-1 nXY n X2 i-1 i-1 nXY n X2

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