Question

The following tables shows the selling prices, in thousands of dollars, and the square footages of...

The following tables shows the selling prices, in thousands of dollars, and the square footages of seven randomly selected homes recently sold by Century 21 Realtors:

Price: 258 191 253 168 249 245 282

Sq. Ft: 2730 1860 2140 2180 2310 2450 2920

Using XLS, calculate the correlation coefficient for this sample. Using a significance of .1, test the significance of the population correlation coefficient between a house’s selling price and its square footage. What conclusions can you draw?

Homework Answers

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT