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Znick Znick
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Posts: 109
Rep: 1 0
2 years ago
Use the following information to answer the question(s) below.

A home appraisal company would like to develop a regression model that would predict the selling price of a house based on the age of the house in years (Age), the living area of the house in square feet (Living Area) and the number of bedrooms (Bedrooms). The following Excel output shows the partially completed regression output from a random sample of homes that have recently sold.






Every additional year in the age of the house will _________.

▸ increase the average selling price by $2,092

▸ decrease the average selling price by $581

▸ increase the average selling price by $102

▸ decrease the average selling price by $109
Textbook 
Business Statistics

Business Statistics


Edition: 2nd
Author:
Read 41 times
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CtownsendCtownsend
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2 years ago
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Znick Author
wrote...

2 years ago
this is exactly what I needed
wrote...

Yesterday
You make an excellent tutor!
wrote...

2 hours ago
Good timing, thanks!
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