The scattlerplot looks fairly linear
Yes we can use linear model
-994Age+14301=Price
Yes, the scatterplot is suitably random
(-1175,-813.3)
We are 95% confident that the true slope is between these values.
If there is an assosiation, it’s very weak, since r squared is very small. However, we reject the null that the slope is zero since the p value is low. There may be a correlation, but it’s not significant.
Scatterplot is not linear, Historgram is not particularly unmodal or syyemtric, and residuals fan out violating the “plot thickens” condition.
33
Correlation in plot appears fairly weak, which might be a concern.
Yes, there is a relationship as our p values are below 1 meaning that these two things are related.
However, this relatioship is not particularly strong.
4.14+-1.7*1.28
We are 90% confident that the true value for our slope lies within the interval.