Solution-Discuss what is the regression

Discuss what is the regression

Reference no: EM131644735

Question: Back to our regression of house Price (in thousands of $) on house Size (in thousands of square feet). The R² value is reported as 59.5%, and the standard deviation of the residualsis 53.79.

You find that your house in Saratoga is worth $100,000 more than the regression model predicts. Should you be very surprised (as well as pleased)?

Reference no: EM131644735

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Discuss what is the regression

Reference no: EM131644735

Reference no: EM131644735

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