Question 3Based on the reading, which of the following are questions that can be put to regression analysis?1 pointDo homes with brick exterior sell for less than homes with stone exterior?What are typical land taxes in a house sale?Do homes with brick exterior sell in rural areas?What is the impact of lot size on housing price?
Question
Question 3Based on the reading, which of the following are questions that can be put to regression analysis?1 pointDo homes with brick exterior sell for less than homes with stone exterior?What are typical land taxes in a house sale?Do homes with brick exterior sell in rural areas?What is the impact of lot size on housing price?
Solution
Based on the reading, the questions that can be put to regression analysis are:
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"Do homes with brick exterior sell for less than homes with stone exterior?" This question can be analyzed using regression because it's comparing two variables: the type of exterior (brick or stone) and the selling price of the homes.
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"What is the impact of lot size on housing price?" This question can also be analyzed using regression because it's looking at how one variable (lot size) might affect another variable (housing price).
The other two questions, "What are typical land taxes in a house sale?" and "Do homes with brick exterior sell in rural areas?" are not suitable for regression analysis. The first one is asking for a typical value, not a relationship between two variables. The second one is a yes/no question, not a question about how one variable affects another.
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