MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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2. In the article “Case Adaptation Method of CaseBased  Reasoning for Construction Cost Estimation in Korea” (J. Constr. Engr. Mgmt., 2012: 43–52) provided data on military barrack projects undertaken by the  Korean Ministry of National Defense from 2004 to  2008.
Two variables of interest were the floor area of a barrack and the corresponding cost (in $US). The  corresponding data is given in the attached image: 

a. Construct stem and leaf displays of both floor area  and cost. Explain it.
b. Do the values of cost appear to be perfectly linearly related to the floor area values? 
c. Construct a scatterplot of the data. Does  it appear that cost could be accurately  predicted by the value of floor area? Explain  reasoning.

Floor Area:
382
571
618
726
802
959
1066
1306
1873
2460
3134
4989
6918
Cost:
418,930
609,386
755,489
660,527
864,438
1,003,495
895,947
1,461,549
1,899,494
2,331,632
2,833,203
4,750,468
5,331,390
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Transcribed Image Text:Floor Area: 382 571 618 726 802 959 1066 1306 1873 2460 3134 4989 6918 Cost: 418,930 609,386 755,489 660,527 864,438 1,003,495 895,947 1,461,549 1,899,494 2,331,632 2,833,203 4,750,468 5,331,390
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