University of Maryland - STAT 200; Week 7 Homework Problems, Already Graded A.
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Course
STAT 200
Institution
California Southern University
STAT 200 Week 7 Homework Problems
10.1.2
Table #10.1.6 contains the value of the house and the amount of rental income in a year that the
house brings in (“Capital and rental,” 2013). Create a scatter plot and find a regression equation
between house value and rental income. Then use the re...
table 1016 contains the value of the house and the amount of rental income in a year that the house brings in “capital and rental
” 2013 create a scatter plot an
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California Southern University
STAT 200
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STAT 200 Week 7 Homework Problems
10.1.2
Table #10.1.6 contains the value of the house and the amount of rental income in a year that the
house brings in (“Capital and rental,” 2013). Create a scatter plot and find a regression equation
between house value and rental income. Then use the regression equation to find the rental
income a house worth $230,000 and for a house worth $400,000. Which rental income that you
calculated do you think is closer to the true rental income? Why?
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