Question: The following information summarizes the linear relationship between size (in square feet) and assessed value of homes in Ithaca, NY, based on a random sample

The following information summarizes the linear relationship between size (in square feet) and assessed value of homes in Ithaca, NY, based on a random sample ofn=18

n=18homes. All homes sampled had areas between 1000 and 3500 square feet. You may take for granted that all requisite assumptions for this dataset are satisfied.

Simple linear regression results: Price = 37131 + 11.89 Size Sample size: 18 R = ??? R2 = 0.3249 Parameter estimates: Parameter Estimate Std. Err. Alternative DF T-Stat P-value Intercept ??? ??? ?? ??? ??? Slope ??? 4.285

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