There are two scatterplots shown below. The first chart shows the relationship between the size of the home and the selling price. The second chart examines the relationship between the number of bedrooms in the home and its selling price. Which of these two variables (the size of the home or the number of bedrooms) seems to have the stronger relationship with the home’s selling price?
Justify your answer.
The relationship between selling price and house size (in square feet) seems to be a stronger relationship. The correlation value is higher for house size (0.657 to 0.452). The house size and the number of bedrooms seem to be closely related, but the house size variable seems to offer more information. The number of bedrooms is a discrete variable.
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