Predicting Total Value of Property Both scatterplots concern the total assessed value of properties that include homes, and both depict the same observations.
a. Which do you think has a stronger relationship with value of the property-the number of square feet in the home (shown in part B of the figure) or the number of fireplaces in the home (shown in part A of the figure)? Why?
b. If you were trying to predict the value of a property (where there is a home) in this area, would you be able to make a better prediction by knowing the number of square feet or the number of fireplaces? Explain.
