The table below contains the value (in dollars) and the amount of annual rental income (in dollars) for a random sample of 45 houses. X, value Y, annual rental income 200000 10608 90000 6240 300000 12480 174000 10400 85000 7072 155000 7488 325000 12480 178000 11856 104000 7904 170000 12688 81000 6656 125000 7904 77000 4576 126000 6240 200000 10400 200000 12272 110000 7072 190000 8320 121000 12064 194000 11232 165000 13312 170000 9568 214000 8528 240000 12064 208000 10400 225000 12480 95000 7904 303000 12272 240000 11648 240000 10192 135000 8320 75000 7280 262000 10192 270000 12896 200000 8320 140000 9568 135000 7488 140000 9152 115000 7904 94000 8736 130000 9776 67500 6864 145000 8320 289000 11648 310000 12480

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section4.6: Regression And Median-fit Lines
Problem 1BGP
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The table below contains the value (in dollars) and the amount of annual rental income (in dollars) for a random sample of 45 houses.

X, value Y, annual rental income
200000 10608
90000 6240
300000 12480
174000 10400
85000 7072
155000 7488
325000 12480
178000 11856
104000 7904
170000 12688
81000 6656
125000 7904
77000 4576
126000 6240
200000 10400
200000 12272
110000 7072
190000 8320
121000 12064
194000 11232
165000 13312
170000 9568
214000 8528
240000 12064
208000 10400
225000 12480
95000 7904
303000 12272
240000 11648
240000 10192
135000 8320
75000 7280
262000 10192
270000 12896
200000 8320
140000 9568
135000 7488
140000 9152
115000 7904
94000 8736
130000 9776
67500 6864
145000 8320
289000 11648
310000 12480
b) The symbol and value of the correlation coefficient are as follows:
Round final answer to 3 decimal places.
Select an answer ✓
Interpret this value:
• There is a strong Select an answer ✓ Select an answer relation between value and annual rental
income for houses.
c) The symbol and value of the coefficient of determination are as follows:
Round final answer to 3 decimal places.
Select an answer ✓
Interpret this value:
% of the Select an answer ✓ Select an answer explained by
✓as its Select an answer
✓ variable.
• About
the linear model with Select an answer
Transcribed Image Text:b) The symbol and value of the correlation coefficient are as follows: Round final answer to 3 decimal places. Select an answer ✓ Interpret this value: • There is a strong Select an answer ✓ Select an answer relation between value and annual rental income for houses. c) The symbol and value of the coefficient of determination are as follows: Round final answer to 3 decimal places. Select an answer ✓ Interpret this value: % of the Select an answer ✓ Select an answer explained by ✓as its Select an answer ✓ variable. • About the linear model with Select an answer
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