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Create linear regression for Median Wages vs time and Median Home price vs time. What are the slopes of their respecti

Posted: Wed May 11, 2022 5:02 pm
by answerhappygod
Create linear regression for Median Wages vs time and Median
Home price vs time. What are the slopes of their respective
trend lines in $/year.
Create a regression for Wages vs Home Price. What is its
correlation?
Wages Slope: $517.3/year, Home Price Slope: $4781/year,
Correlation: 80.7%
Wages Slope: $375.5/year, Home Price Slope: $5543.2/year,
Correlation: 80.3%
Wages Slope: $537.4/year, Home Price Slope: $4786.4/year,
Correlation: 87.8%
Wages Slope: $482.4/year, Home Price Slope: $4486.4/year,
Correlation: 77.8%