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The Public Utility Commission in a southern state is interested in describing the relationship between household monthly utility bills and the size of the house.A recent study of 30 randomly selected household resulted in the following regression results: Based on the information provided,indicate what,if any,conclusions can be reached about the relationship between utility bill and the size of the house in square feet.
Validity
The degree to which a notion, conclusion, or measurement is solidly based and accurately reflects reality.
Bias
A tendency to lean in a certain direction, either in favor of or against a particular thing, often in a way that is considered to be unfair.
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