1. Multiple Regression
However, I questioned whether the "x-values- in our case were really the ones, which were determinants of house prices. ... Excel will help us evaluate the relationship between the "x-values- and "y-values-."" ... But an outlier was present at the interception y= 220,000 and x= 4,000, which is house 16. ... Nevertheless, this x figure might be questionable. ... (x=0) was $ 163,259 while the average asking price of a house in City Chicago (x=1) was $ 127,864. ...
- Word Count: 6528
- Approx Pages: 26
- Grade Level: High School