Mathematics, 16.06.2020 20:57 alaj6878
A realtor is trying to predict the selling price of houses in Greenville (in thousands of dollars) as a function of Size (measured in thousands of square feet) and number of bedrooms (BR). Part of the regression output is provided below, based on a sample of 20 homes. Some of the information has been omitted.
Variable Coefficients Standard Error t-Stat
Intercept 128.93746 2.6205302 49.203
Size 1.2072436 11.439
FP 6.47601954 1.9803612 3.27
a. The estimated coefficient for size is approximately .
b. How many predictors (independent variables) were used in the regression?
Answers: 3
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A realtor is trying to predict the selling price of houses in Greenville (in thousands of dollars) a...
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