The datafile reports the price and size (in square feet) for a sample of houses in Arroyo Grande, California. Identify the house with the most unusual size, either unusually small or unusually large.Remove this house from the analysis. Recalculate the equation of the least squares regression line, correlation coefficient, and coefficient of determination.

Quickbooks Online Accounting
3rd Edition
ISBN:9780357391693
Author:Owen
Publisher:Owen
Chapter5: Operating Activities: Purchases And Cash Payments
Section: Chapter Questions
Problem 2.1C
icon
Related questions
Question

The datafile reports the price and size (in square feet) for a sample of houses in Arroyo Grande, California. Identify the house with the most unusual size, either unusually small or unusually large.Remove this house from the analysis. Recalculate the equation of the least squares regression line, correlation coefficient, and coefficient of determination.

A
В
C
1
Address
Price
Size_sq_ft
2
2130 Beach St.
311000
460
3
2545 Lancast Dr.
344720
1030
4
415 Golden Wes
359500
883
5
990 Fair Oaks Av
414000
728
845 Pearl Dr,
459000
1242
7
1115 Rogers Ct.
470000
1499
8.
579 Halcyon Rd.
470000
1419
9.
1285 Poplar St.
470000
952
10
1080 Fair Oaks A
474000
1014
11
690 Garfield Pl.
475000
1615
12
1030 Sycamore
490000
1664
13
620 Eman Ct.
492000
1160
14
529 Adler St.
500000
1545
15
646 Cerro Vista (
510000
1567
16
926 Sycamore D
520000
1176
17
227 A Alpine St.
541000
1120
18
654 Woodland C
567500
1549
19
2230 Paso Roble
575000
1540
20
2461 Ocean St.
580000
1755
21
833 Creekside D
625000
1844
Transcribed Image Text:A В C 1 Address Price Size_sq_ft 2 2130 Beach St. 311000 460 3 2545 Lancast Dr. 344720 1030 4 415 Golden Wes 359500 883 5 990 Fair Oaks Av 414000 728 845 Pearl Dr, 459000 1242 7 1115 Rogers Ct. 470000 1499 8. 579 Halcyon Rd. 470000 1419 9. 1285 Poplar St. 470000 952 10 1080 Fair Oaks A 474000 1014 11 690 Garfield Pl. 475000 1615 12 1030 Sycamore 490000 1664 13 620 Eman Ct. 492000 1160 14 529 Adler St. 500000 1545 15 646 Cerro Vista ( 510000 1567 16 926 Sycamore D 520000 1176 17 227 A Alpine St. 541000 1120 18 654 Woodland C 567500 1549 19 2230 Paso Roble 575000 1540 20 2461 Ocean St. 580000 1755 21 833 Creekside D 625000 1844
Expert Solution
steps

Step by step

Solved in 4 steps with 3 images

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Quickbooks Online Accounting
Quickbooks Online Accounting
Accounting
ISBN:
9780357391693
Author:
Owen
Publisher:
Cengage