Project #75024 - Elemetary Statistics

The data shows the list and selling price of several expensive homes. Find the regression equation, letting the list price be the independent (x)variable. Find the best predicted selling price of a home having a list of $4million. Is the result close tothe actual selling price $4.3million? Use a significance level of 0.05.

List price (in millions of$) 3.1,,1.7,,2.6,,4.1,,2.9,,2.1

Selling price (millions of $) 3, 1.3, 2.2, 4.6, 2.5, 2.3

y=____+ _____x (Round to four decimal places as needed.

Subject Business
Due By (Pacific Time) 06/27/2015 11:59 pm
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