Mathematics, 15.02.2021 20:40 dmoore6859
The following data on sale price, size, and land-to-building ratio for 10 large industrial properties appeared in a paper.
Property Sale Price Size Building Land-to-building
(millions of dollars) (thousands of sq. feet) ratio
1 10.5 2166 1.9
2 2.5 751 3.6
3 30.4 2423 3.5
4 1.7 225 4.8
5 20.0 3916 1.7
6 8.0 2866 2.4
7 10.1 1698 3.1
8 6.8 1047 4.8
9 5.9 1107 7.7
10 4.4 406 17.1
(a) Calculate the value of the correlation coefficient between sale price and size. (Give the answer to three decimal places.)
r =
(b) Calculate the value of the correlation coefficient between sale price and land-to-building ratio. (Give the answer to three decimal places.)
r =
(c) If you wanted to predict sale price and you could use either size or land-to-building ratio as the basis for making predictions, which would you use?
A) Size
B)Land-to-building ratio
(d) Based on your choice in Part (c), find the equation of the least-squares regression line you would use for predicting y = sale price. (Give answers to three decimal places.)
y = + x
Answers: 3
Mathematics, 22.06.2019 00:30, breroyalee2584
Fixed rate mortgage offer: purchase price: $170,000 down payment ($34k): 20% term: 30 years interest rate: 4.25% property tax (yearly): $1,500 homeowner’s insurance (yearly): $1,000 use this example from a fixed-rate mortgage calculator to you answer the questions. keep the page open after you complete this question. according to the calculator, the monthly payment demarco and tanya should anticipate paying for principal and interest is $208. $877. $669. $1,200.
Answers: 1
The following data on sale price, size, and land-to-building ratio for 10 large industrial propertie...
Mathematics, 06.11.2019 01:31
English, 06.11.2019 01:31
Mathematics, 06.11.2019 01:31
History, 06.11.2019 01:31
Mathematics, 06.11.2019 01:31