Perform a linear regression on this data set Assessed Value Heating Area Age 184400 2000 3.42...

Perform a linear regression on this data set

Assessed Value	Heating Area	Age
184400	2000	3.42
177400	1710	11.50
175700	1450	8.33
185900	1760	0.00
179100	1930	7.42
170400	1200	32.00
175800	1550	16.00
185900	1930	2.00
178500	1590	1.75
179200	1500	2.75
186700	1900	0.00
179300	1390	0.00
174500	1540	12.58
183800	1890	2.75
176800	1590	7.17

Be sure to plot the data and plot and include various graphs that would help determine if the data is normally distributed (which is an assumption of ordinary least squared regression).

At the 0.05 significance level is there evidence of a relation between assessed value and heated area of house?

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Expert Solution

Solution:

We have to test weather there is a relation between assessed value and heated area of house

orchestra answered 1 year ago

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