| University | Temasek Polytechnic (TP) |
| Subject | STA2212E: Analytics For Business |
Question 4
An agent for a residential real estate company in a large city would like to predict the monthly rental cost (measured in thousands of dollars) for apartments based on the size of apartment (measured in square feet). A sample of 10 apartments was selected and the information needed is shown in the table below.
(a) Plot a scatter diagram for the above data.
(b) Perform the regression analysis for the above problem. Show your Excel output of the analysis.
(c) Find the simple linear regression equation that can be used to predict the monthly rental cost based on the size of apartment. Give your coefficients in 4 decimal places.
(d) Interpret the slope of your regression equation in part (c).
(e) Find and interpret the coefficient of correlation.
(f) Find and interpret the coefficient of determination.
Stuck with a lot of homework assignments and feeling stressed ? Take professional academic assistance & Get 100% Plagiarism free papers
Seeking assistance with your STA2212E: Analytics For Business individual assignment in Singapore? Look no further! Our assignment writing service in Singapore offers reliable solutions. Whether you need urgent assignment assistance or prefer to hire online essay writers, our team is here to support you. Singaporean students can trust us to deliver high-quality work tailored to their course requirements. Pay our experts for professional help and ensure success in your academic journey hassle-free!
Looking for Plagiarism free Answers for your college/ university Assignments.
- ACFI 2070 Business Finance Individual Assignment Problem Set – The University of Newcastle (UoN)
- ACCT111 Financial Accounting Individual Assignment, Singapore Management University (SMU)
- RM71003 Category Management & Merchandising Assignment 1 – Singapore Management University (SMU)
- PY2107 Experimental Investigation and Analysis of Behaviour Assignment 2 Written – Research Report , James Cook University (JCU)
- Visual Arts Management Assignment 2 Essay – Singapore Art Science Museum
- BM1987 Employment Law In-Course Assessment (ICA 1) Guide , Nanyang Polytechnic (NYP)
- MKT6053 Digital Enterprise Level 6 Coursework Assessment – Birmingham City University (BCU)
- MA3005/MA3705 Control Theory Coursework 2025-26, Nanyang Technological University (NTU)
- MA7131 Finite Element Method Individual Assignment 2 Semester 1, AY2025/2026 – Nanyang Technological University
- FIN543 Management of Wealth Management Business ECA July 2025 – Singapore University of Social Sciences (SUSS)