The accompanying data file shows the square footage and associated property taxes for 20 homes in an
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Question:
The accompanying data file shows the square footage and associated property taxes for 20 homes in an affluent suburb 30 miles outside of New York City.
Estimate a home'sproperty taxes as a linear function of the size of the home (measured by its square footage).
Round your answers to 2 decimal places.
What proportion of the sample variation in property taxes is explained by the home's size?
Round your answer into 2 decimal places.
What proportion of the sample variation in property taxes is unexplained by the home's size?
Round your answer into 2 decimal places.
Data:
Property_Taxes | Size |
21946 | 2463 |
17371 | 2531 |
18237 | 1888 |
15682 | 1107 |
43989 | 5668 |
33624 | 2563 |
15236 | 2184 |
16621 | 1990 |
18265 | 2090 |
16073 | 1276 |
15228 | 1377 |
36004 | 3018 |
31049 | 2860 |
42042 | 3358 |
14390 | 1599 |
38967 | 3994 |
25328 | 4068 |
22872 | 2462 |
16165 | 3555 |
29288 | 2803 |
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