Question: The independent variable is used for prediction. the predictor variable is the square footage. Determine the Line of Best Fit. Clearly define your variables. Find

The independent variable is used for prediction.

the predictor variable is the square footage.

Determine the Line of Best Fit. Clearly define your variables. Find and interpret the regression equation. Assess the strength of the model.

  1. Regression equation: Write the regression equation (i.e., line of best fit) and clearly define your variables.
  2. Interpret regression equation: Interpret the slope and intercept in context.
  3. Strength of the equation: Provide and interpret R-squared.
    1. Determine the strength of the linear regression equation you developed.
  4. Use regression equation to make predictions: Use your regression equation to predict how much you should list your home for based on the square footage of your home.
The independent variable is used for prediction.the predictor variable is the square

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