The coefficient of bathrooms is $48626.
Hence the impact of adding one bathroom is $48626.
The impact of adding two bathrooms will be $48626*2 = $97252.
a. $48,626 b. $97,252 c. $28,545 d. none of the above From the regression example discussed...
From the regression example discussed in class and based on the information below: Regression Statistics Multiple R R Square Adjusted R Square Standard Error Observations 0.925 0.856 0.846 0.059 45 ANOVA P dfss SMS 3 0 .85 0.14 440.99 Significance F 0.00 Regression Residual Total 0.28 0.00 81.46 Intercept PRICE INCOME WEATHER Coefficients 13.040 -0.200 1.500 0.124 Standard Error 0.758 0.063 0.079 0.065 Stat P-value 17.1940 .000 -7.904 0.000 13.162 0.000 1.909 0.063 L ower 95% 11.508 -0.627 0.883 -0.007...
QUESTION 21 From the regression example discussed in class and based on the information below, if the price of water increased by 12% by how much will water demand go down by? Regression Statistics Multiple R R Square Adjusted R Square Standard Error Observations 0.925 0.856 0.846 0.059 45 ANOVA MS 3 81.46 Regression Residual Total 0.85 0.14 0.99 0.28 0.00 Intercept PRICE INCOME WEATHER Coefficients 13.040 -0.200 1.500 0.124 Standard Error 0.758 0.063 0.079 0.065 Stat 17.194 -7.904 13.162...
can you answer question 9 please Problems 473 results from parts (a), (b), and (c). What model seems most plausible? How do the data limit your conclusions? tle the data from Freund (1979), presented in Problem 22 in Chapter 14. Taking be model discussed there as the maximum model, repeat parts (a) through (h) of Problem 6. In part (h), note the possible role of collinearity. A random sample of data was collected on residential sales in a large city....