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July 13, 2022

Working with a regression analysis

Mathematics and Statistics, Undergraduate

Use your home data from Week 1 to run a regression analysis using square footage as the independent variable and total cost as the dependent variable. Discuss the direction and strength of the relationship justifying your choice referring to specific reference for your Excel output.

Present your regression equation in the analysis paper, and use this to predict a home that is 1000+ square feet. Based on the strength of your relationship, would you expect this to be a valid prediction or not? Would it be appropriate to predict total cost if a complex wanted to list luxury apartments? Why or why not?

Create at least a 300-word analysis with your results. Be sure and include 2 citations and references.

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