Statistics > Solutions Guide > University of Maryland, University College STAT 200Homework Week 7. (All)

University of Maryland, University College STAT 200Homework Week 7.

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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? [Show More]

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