Real Estate Regression Exercise

Real Estate Regression Exercise

Analyze the data and explain your answers. You are consulting for a large real estate firm. You have been asked to construct a model that can predict listing prices based on square footages for homes in the city you’ve been researching. You have a data on square footages and listing prices for 100 homes. (excel sheet attached)

  1. Which variable is the independent variable (x) and which is the dependent variable (y)?

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