Question

AND CORRELATION Computing the sample correlation coefficient and the coefficien. Chidera v We want to predict the selling price of a house in Newburg Park, Florida, based on the distance the house lies from the beach Suppose that were given the data in the table belon These data detail the distance from the beach (xin miles) and the selling pricely, in thousands of dollars) for each of a sample of sixteen homes sold in Newburg Park in the past year. The data are plotted in the scatter plot in Figure 1. Also given are the products of the distances from the beach and house prices for each of the steen houses (These products, written in the column labelled "x y. may aid in calculations) TY Distance from the beach On miles) 14.2 7.9 55 10.4 7a 3.9 128 BO 57 Selling pricey (in thousands of dollars) 192.5 2018 2722 285.4 2152 322.9 2758 3093 270.5 2343 2723 2229 1925 2585 27325 2305 22 152412 2968.16 1578.26 1259.31 3530 24 24744 1541.35 1901.55 260458 30991 267575 3308 179 119 128 Explanation Check SAMSUNG

Answer 1

soluto Y хү 14.2 192.5 2733.5 201.64 7.9 291.8 2305.22 62. u) 5.6 31.36 271,2 1524.32 10.4 285.4 108.16 1968. 16 7.31 216,2 1578.26 53.29 3.9 1259.31 15.21 322.9 275.8 12.8 35 30.24 163.84 8.0 309.3 2074.4 64 5.7 270.5 1541-85 32.49 8.5 SD 234.3 1991.55 72,25 11.6 232.3 2690.68 4 17.9 22.9 134.56 320.01 3989.91 bel 13.9 192.5 2675.15 193.21 1218 288.5 3308.8 163.84 5.9 243.3 1435.41 34.81 11.5 2462.6 132.25 IX 15.7.9 212.4 Ey = 4032.8 ΣΧΥ : 38454.02 IX- 1783.73 Slope be nary - Fr. Jy nax² - (2x) stats 16 (38454.02 ) - 157.9 (4032.8) Ny 16 (1783.73) (1579)2 -21514.8 3607,21 -5.96429 -5196 b=-5.96 (Rand to a decimall)