Using the Project One Template located in the What to Submit section, generate a report including your tables and graphs to determine if the square footage of a house is a good indicator for what the listing price should be. Reference the National Statistics and Graphs document for national comparisons and the Real Estate Data Spreadsheet spreadsheet for your statistical analysis.
Note: Present your data in a clearly labeled table and using clearly labeled graphs.
Specifically, include the following in your report:
Introduction
Describe the report: Give a brief description of the purpose of your report.
Define the question your report is trying to answer.
Explain when using linear regression is most appropriate.
When using linear regression, what would you expect the scatterplot to look like?
Explain the difference between response and predictor variables in a linear regression to justify the selection of variables.
Data Collection
