Mathematics, 12.08.2019 19:30 YoungTadoe437
This problem has been solved! see the answera county real estate appraiser wants to develop a statistical model to predict the appraised value of houses in a section of the county called east meadow. one of the many variables thought to be an important predictor of appraised value is the number of rooms in the house. consequently, the appraiser decided to fit the simple linear regression model: yhat = β0 + β1xwhere y = appraised value of the house (in $thousands) and x = number of rooms in the home. using data collected for a sample of n = 74 houses in east meadow, the following results were obtained: yhat = 74.80 + 19. 70x range of the x-values: 5 - 11 range of the y-values: 160 - 300give a practical interpretation of the estimate of the slope of the least squares regression line. a)for a house with 0 rooms, we estimate the appraised value to be $74,800.b)for each additional room in the house, we estimate the appraised value to increase $74,800.c)for each additional dollar of appraised value, we estimate the number of rooms in the house to increase by 19.70 rooms. d)for each additional room in the house, we estimate the appraised value to increase $ 19, 700.
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Mathematics, 21.06.2019 13:00
1.) 2x + y = 3 2.) x - 2y = -1 if equation 1 is multiplied by 2 and then the equations are added, the result is a.3x = 2 b.3x = 5 c.5x = 5
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Mathematics, 21.06.2019 17:00
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Mathematics, 21.06.2019 19:00
45 was divided by a power of ten to get 4.5. what power of ten was it divided by? people 4.5
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Mathematics, 21.06.2019 23:30
The candy store is having a 30% off sale. emma is going to buy $7.50 worth of candy.how much will she pay after the discount
Answers: 1
This problem has been solved! see the answera county real estate appraiser wants to develop a statis...
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