The accompanying data file shows the square footage and associated property taxes for 20 homes in an
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's property taxes as a linear function of its size. At the 5% significance level, do home size and property taxes have a linear relationship? Show the relevant steps of the test.
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Coefficients Standard Error t Stat Pvalue Intercept 6499413 3918948 165...View the full answer
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Business Statistics Communicating With Numbers
ISBN: 9780078020551
2nd Edition
Authors: Sanjiv Jaggia, Alison Kelly
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