Question
i just beed help with part d on this problem. i do not understand why i got the answer wrong. thank you in advance
b. Develop the estimated regression equation that could be used to predict the selling price given the number of square feet
Is the number of square feet of living space a good predictor of a houses selling price? The following data show the square
0 0
Add a comment Improve this question Transcribed image text
Know the answer?
Add Answer to:
i just beed help with part d on this problem. i do not understand why i...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • 5. The following is a scatterplot of the selling price in dollars) of a house versus...

    5. The following is a scatterplot of the selling price in dollars) of a house versus the living space (in square feet). Seng Price 500000 450000 400000 350000 300000 250000 200000 1000 1500 2000 2500 Living Area 3000 3500 Which of the following statements is false? There is a positive linear relationship between selling price and living area. The house that is around 1050 square feet sold for about $305,000. An increase in living area causes an increase in selling...

  • Check My Wo еВook The Toyota Camry is one of the best-selling cars in North America....

    Check My Wo еВook The Toyota Camry is one of the best-selling cars in North America. The cost of a previously owned Camry depends upon many factors, including the model ye mileage, and condition. To investigate the relationship between the car's mileage and the sales price for a 2007 model year Camry, the following data show t mileage and sale price for 19 sales (PriceHub website, February 24, 2012 ). Click on the datafile logo to reference the data. DATA...

  • I need help putting this into Excel as I'm not sure how to find answers to...

    I need help putting this into Excel as I'm not sure how to find answers to these questions. I've only put part of the table in, otherwise it's too long. Any help is greatly appreciated! A) Develop the following simple linear regression models to predict the sale price of a house based upon a 90% level of confidence. A1) Write the regression equation for each model. A2) Sale price based upon square feet of living area. A3) Sale price based...

  • Statistics

    Y = listing priceX1 = interior floor space (square footage of the house)X2 = land size (square footage). This is usually represented by length of the front of the lot (in ft) X the depth of the lot (in ft). sizes range but a common lot size in Vancouver is 33 X 120. You will need to convert this to feet squared (area) before entering it into your spreadsheet (i.e., 3960)X3 = number of bedroomsX4 = number of bathroomsX5 =...

  • PLEASE SHOW ALL EXCEL FORMULAS USED FOR EACH CALCULATIONS. A STEP BY STEP WALKTHROUGH OF HOW TO DO THE PROBLEM. Thank you so much for your help! Hours   Feet   Elevator   Elevator code 24.00   545   Y...

    PLEASE SHOW ALL EXCEL FORMULAS USED FOR EACH CALCULATIONS. A STEP BY STEP WALKTHROUGH OF HOW TO DO THE PROBLEM. Thank you so much for your help! Hours   Feet   Elevator   Elevator code 24.00   545   Yes   1 13.50   400   Yes   1 26.25   562   No   0 25.00   540   No   0 9.00   220   Yes   1 20.00   344   Yes   1 22.00   569   Yes   1 11.25   340   Yes   1 50.00   900   Yes   1 12.00   285   Yes   1 38.75   865   Yes   1 40.00   831   Yes   1...

  • Hi I need help with these questions on Excel for linear regression! Gulf Home Data Price...

    Hi I need help with these questions on Excel for linear regression! Gulf Home Data Price Size Number of Niceness Pool? Home ($1000s) (Square Feet) Bathrooms Rating yes=1; no=0 This information is taken from 80 homes recently sold 1 260.9 2666 2.5 7 0    along the Gulf of Mexico coast. You are to analyze 2 337.3 3418 3.5 6 1    the data to discover which of the variables have a 3 268.4 2945 2.0 5 1    statistically...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT