Business, 11.06.2020 20:57 javontiye226
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 whether or not there is a fireplace (FP is 0 if there is no fireplace, 1 if there is a fireplace). Part of the regression output is provided below based on a sample of 20 homes. Some of the information has been omitted.
Errort-Stat
Intercept128.937462.620530249.203
Size 1.207243611.439
FP6.476019541.98036123.27
a. The estimated coefficient for size is approximately .
b. How many predictors (independent variables) were used in the regression?
Answers: 1
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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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