Question

Choose the dependent variable (the response variable to be "explained") and the independent variable (the predictor...

Choose the dependent variable (the response variable to be "explained") and the independent variable (the predictor or explanatory variable).

Income and Home Prices in U.S. States (n = 51)
State X = Income Y = MedPrice AvPrice
AK 40933 241750 263931
AL 57848 128969 153099
AR 46896 120560 139124
AZ 38587 147669 182553
CA 54283 330037 391609
CO 60233 217558 267924
CT 65998 266845 341436
DC 55214 404380 506654
DE 56928 216902 247793
FL 44066 144501 183843
GA 44117 129446 159657
HI 59539 499837 587760
IA 47050 118036 139543
ID 50728 140436 164999
IL 46139 152387 186308
IN 49016 113416 132068
KS 46054 118687 135301
KY 41104 130344 150614
LA 39300 152413 171584
MA 47931 306363 373062
MD 64201 256411 292254
ME 60934 175175 209697
MI 46276 96398 116143
MN 52321 164105 194336
MO 38160 123754 147162
MS 45817 126484 140317
MT 41280 178188 206439
NC 52504 154481 191255
ND 51200 133473 147844
NE 66633 120415 139325
NH 62968 220625 254399
NJ 45134 282633 325722
NM 49781 161176 188610
NV 43830 153364 179627
NY 51006 245858 299812
OH 45886 113730 132093
OK 43103 118771 137614
OR 50602 206977 234853
PA 48314 153439 178266
RI 51623 230354 269788
SC 41698 135855 171514
SD 45352 156243 175849
TN 38591 123613 158176
TX 47266 134854 160510
UT 56701 194147 226030
VA 55928 229420 268338
VT 60367 203970 236773
WA 56163 248555 284782
WI 42777 153935 177864
WV 50351 129369 150706
WY 52201 183202 211127

Obtain the regression equation. (Round your answers to 3 decimal places.)
  
Y = _________   X +  __________

Calculate R2. (Round your answer to 3 decimal places.)

R2  _______          

Math   Statistics-And-Probability   
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