Real estate investors, home buyers, and home owners often use the appraised value of a property as a basis for predicting sale price. Data on sale prices (y) and total appraised values (x) of 92 residential properties sold in 1999 in an upscale Tampa, FL neighborhood are located in the "tampalms" worksheet. Both values are in thousands of dollars. a) Calculate and interpret the correlation between x and y. b) Find the least squares estimates of the slope and intercept using R. c) Interpret the slope of the least squares line. d) Interpret the intercept of the least squares line. Does it have a practical meaning for this application? Explain. e) Conduct a test of model utility using = .05. f) Use the least-squares model to estimate the mean sale price of a property appraised at $300,000.

At a young age, ebony's coaches were confident she had the potential to be a world-class swimmer with a future coaching career. after four years on an athletic scholarship and olympic experience under her belt, she chose a different path. with her savings and personal connections, she rented a corner building in a bustling san francisco neighborhood and pursued her dream: a surf shop business. ebony's dream was rooted in which basic right of free-market capitalism?

Identify the accounting assumption or principle that is described below. (a) select the accounting assumption or principle is the rationale for why plant assets are not reported at liquidation value. (note: do not use the historical cost principle.) (b) select the accounting assumption or principle indicates that personal and business record-keeping should be separately maintained. (c) select the accounting assumption or principle assumes that the dollar is the "measuring stick" used to report on financial performance. (d) select the accounting assumption or principle separates financial information into time periods for reporting purposes. (e) select the accounting assumption or principle measurement basis used when a reliable estimate of fair value is not available. (f) select the accounting assumption or principle dictates that companies should disclose all circumstances and events that make a difference to financial statement users.

Suppose someone wants to sell a piece of land for cash. the selling of a piece of land represents turning econ