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Mathematics, 02.04.2020 18:52 PastyMexican24

When homeowners list their home for sale, they begin by listing it for a price that is greater
than what they expect to receive. The longer a home is on the market, without being sold, the
more the price drops. A realtor selects 50 homes that are currently listed for sale. A
scatterplot reveals that the association between x = the number of days the home is on the
market and y = the current asking price ($) is fairly linear and can be modeled by the
equation ý = 245, 000 – 200x. Additionally, 85.4% of the variation in the current
asking price can be explained by this linear model. Which of the following is the value of the
correlation (r) for the relationship between x and y?

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When homeowners list their home for sale, they begin by listing it for a price that is greater
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