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Recall that samples are used to generate a statistic, which businesses use to estimate the population parameter. You have learned how to take samples from populations and use them to produce statistics. For two quantitative variables, businesses can use scatterplots and the correlation coefficient to explore a potential linear relationship. Furthermore, they can quantify the relationship in a regression equation.
This assignment picks up where the Module Two assignment left off and will use components of that assignment as a foundation.
You have submitted your initial analysis to the sales team at D.M. Pan Real Estate Company. You will continue your analysis of the provided Real Estate Data Spreadsheet spreadsheet (attached below) using your selected region to complete your analysis. You may refer back to the initial report you developed in the Module Two Assignment Template to continue the work. This document and the National Summary Statistics and Graphs Real Estate Data PDF spreadsheet will support your work on the assignment.
National Summary Statistics and Graphs Real Estate Data PDF Link: below:https://learn.snhu.edu/content/enforced/1261476-MAT-240-J4761-OL-TRAD-UG.23EW4/course_documents/National%20Summary%20Statistics%20and%20Graphs%20Real%20Estate%20Data.pdf?_&d2lSessionVal=eVEAb6ZbGVumhw71U8gqkHM0k&ou=1261476
Note: In the report you prepare for the sales team, the dependent, or response, variable (y) should be the listing price and the independent, or predictor, variable (x) should be the square feet.
Using the Module Three Assignment Template Word Document, (attached below) specifically address the following:
You can use the following tutorial that is specifically about this assignment:
MODULE 2 COMPLETED ASSIGNEMENT ATTACHED FOR REFERENCES
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