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Cannot use excel file due to file size... what should i do State     Price     Size NJ        375       2.1 NJ        20...

Cannot use excel file due to file size... what should i do

State     Price     Size

NJ        375       2.1

NJ        200       0.9

NJ        599       2.3

NJ        365       2.1

NJ        220       2.1

NJ        250       1.9

NJ        410       2.2

NJ        429       2.8

NJ        325       2

NJ        235       1.1

NY       145       1.3

NY       875       2.9

NY       300       1.5

NY       370       1.1

NY       268       1.5

NY       1399     4.8

NY       1125     3.1

NY       299       1.4

NY       110       1.2

NY       2999     6

PA        282       2.6

PA        135       1.3

PA        179       1.8

PA        800       3

PA        145       1.2

PA        170       1.6

PA        495       2.9

PA        224       1.5

PA        325       2.5

PA        180       1.9

NJ        330       2.7

NJ        375       1.2

NJ        225       1.7

NJ        1150     5

NJ        127       1.5

NJ        499       4.8

NJ        250       1.2

NJ        430       1.8

NJ        320       2.3

NJ        150       1.1

NY       170       1

NY       269       1.5

NY       150       1

NY       288       1.8

NY       350       1.3

NY       120       0.9

NY       309       2.4

NY       1500     1.5

NY       635       2.5

NY       350       0.9

NY       459       1.8

NY       275       2.9

NY       275       1.8

NY       2500     3.7

NY       187       1.4

NY       238       1.7

NY       155       0.7

NY       175       1.6

NY       569       3.2

NY       105       1.2

CA        500       3.2

CA        995       3.7

CA        609       2.2

CA        1199     2.8

CA        949       1.4

CA        415       1.7

CA        895       2.1

CA        775       1.6

CA        109       0.6

CA        5900     4.8

CA        219       1.1

CA        255       1.2

CA        86        0.6

CA        62        1.2

CA        165       1.9

CA        1695     6.9

CA        499       1.4

CA        47        1.5

CA        195       2

CA        775       1

CA        199       1.4

CA        480       3

CA        173       0.9

CA        189       2.5

CA        230       1.7

CA        380       2.1

CA        110       0.8

CA        499       1.3

CA        399       1.4

CA        2450     5

NJ        845       3.4

NJ        220       2.1

NJ        215       1.8

NJ        430       1.8

NJ        208       1.3

NJ        375       1.2

NJ        749       3

NJ        245       1.2

NJ        435       1.6

NJ        669       4.2

PA        190       2.2

PA        219       1.4

PA        125       1.3

PA        125       1.2

PA        160       1.5

PA        189       1.4

PA        270       1.8

PA        90        1.3

PA        199       1.6

PA        199       1.6

7. Using appropriate software plot the data points and the estimated regression line on a graph. Comment on the appearance of the graph and, in particular, whether it reveals anything important about the regression.

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Answer #1

7. From the below graph we can find that with the increase in size, the price also increasing which states about the positive relationship between size and prices.

The regression equation tells that the positive sign of coefficient value tells about the positive relation between size and price

7000 6000 y=412.8x-339.7 5000 4000 3000 A:5 ◆ Size -Linear (Size) 2000 . 1000 1000 Size

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