Mathematics, 27.05.2020 08:00 fruitbutt77
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 the 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. The estimated coefficient for Size is approximately
Variable Coefficients Standard t-Stat
Error
Intercept 13 4.5
Size 2.2 2.1
BR 6.8 2
a. 4.6
b. 1.0
c. 6.6
d. 6.2
Answers: 2
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