SECI2143-PROBABILITY AND STATISTICAL DATA ANALYSIS

In this project, I was assigned to do the part of correlation and regression. From the part of correlation, I found out the relationship of lot size and price of the house by looking at the correlation coefficient which is r is positive or not. Besides, we also test whether it is a linear relationship or not by using the significant test for correlation and we finally get the result and prove that a linear relationship exists. On the other hand, in the regression part, I found out that it is a weak linear relationship by looking at the value of R^2 which also means not all the variation in y can be explained by the variation in x. By doing the regression statistical test, we have enough evidence to prove that the lot size can affect the price of the house. Overall, I have learned on how to read the test from the R language and understand what it means in this project.