STAT_200_Week_7_Homework_Problems.docx
Chamberlain School Of Nursing
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Exam (elaborations) STAT_200_Week_7_Homework_Problems.docx
- Exam (elaborations) • 11 pages • 2021
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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? Why?
Table #10.1.6: Data of House Value versus Rental
...
Exam (elaborations)
Exam (elaborations) STAT_200_Week_7_Homework_Problems.docx
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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? Why? Table #10.1.6: Data of House Value versus Rental ...
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