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In: Statistics and Probability

One of the biggest factors in determining the value of a home is the square footage....

One of the biggest factors in determining the value of a home is the square footage. The accompanying data represent the square footage and selling price​ (in thousands of​ dollars) for a random sample of homes for sale in a certain region. Complete parts​ (a) through​ (h) below.

Square Footage, x   Selling Price ($000s), y
2247 386.5
3291 391.6
1163 195.4
2015 344.3
3053 611.7
2857 384.5
4001 610.3
2175 371.5
2497 407.5
1707 297.9
1846 280.2
3910    705.5

​(c) Determine the linear correlation coefficient between square footage and asking price.

r=

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