Predicting Land Value Both scatterplots concern the assessed value of land (with homes on the land), and both depict the same observations.
a. Which do you think has a stronger relationship with value of the land-the number of acres of land or the number of rooms in the homes? Why?
b. If you were trying to predict the value of a parcel of land (on which there is a home) in this area, would you be able to make a better prediction by knowing the acreage or the number of rooms in the house? Explain.
