Assess the goodness of fit determine if the model is

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Reference no: EM13620829

The assessment data were gathered from 20 homes in Milwaukee, Wisconsin,neighborhood. Fit the regression model.

Total Dwelling size (100ft^2)	Assessed Value (Thousands)	Selling Price (thousands)
15.31	57.3	74.8
15.20	63.8	74
16.25	65.4	72.9
14.33	57	70
14.57	63.8	74.9
17.33	63.2	76
14.48	60.2	72
14.91	57.7	73.5
15.25	56.4	74.5
13.89	55.6	73.5
15.18	62.6	71.5
14.44	63.4	71
14.87	60.2	78.9
18.63	67.2	86.5
15.20	57.1	68
25.76	89.6	102
19.05	68.6	84
15.37	60.1	69
18.06	66.3	88
16.35	65.8	76

a) Assess the goodness of fit. Determine if the model is significant and determine which variables are significant.

b) Define and discuss correlation

Reference no: EM13620829

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