2. A real estate expert wanted to find the relationship between the sale price of housesand various characteristics of the houses. He collected data on five variables,recorded in the table, for 12 houses that were sold recently. The five variables are:Sale price of a house in thousands of dollars.Size of the lot in acres.Price:Lot Size:Living Area: Living area in square feet.Age:Type of house: town house (T) or Villa (V)Age of a house in years.LivingAreaPriceLot SizeAgeТуреofhouse2551.425008T1780.92250122631.829001270.71800243052.63200101641.22400182452.1270091461.12050282872.82850131891.6260092111.723008.1230.5170011a) Find the general regression equationb) Which independent variables are linearly related to price?c) How is the fit of the model?E BBBB BB>>}>> >{

Answered: 2. A real estate expert wanted to find…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Average prices (in dollars) were recorded for three types of beverage across all 8 major Australian states and territories. In how many states/territories is the average price of a cappuccino higher than the average price of a flat white? x axis = states y axis = average prices
If a survey has all the numbers of a course a student is enrolled in, would that be a nominal scale, ordinal scale, interval scale, or ratio?
The speed, in miles per hour, of Mario's serves during tennis practice is shown in the stem-and-leaf plot below. a. What is the range of the speeds, in miles per hour, of Mario's tennis serves? Show or explain how you got your answer. b.What is the mode of the speeds, in miles per hour, of Mario's tennis serves? Show or explain how you got your answer. c.What is the median speed, in miles per hour, of Mario's tennis serves? Show or explain how you got your answer. d. The speed of one additional tennis serve will be added to Mario's stem-and-leaf plot. What is the greatest amount, in miles per hour, the median speed can change? Show or explain how you got your answer.
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The value of a certain car when it was brand new with 0 mileage was $17,000 but the value dropped to $4,000 when the car acounulated 80,000 miles shown in the scatter plot below. Car's Mleage and Value S17.000 $2,000 Mileage Based on the data in the scatter plot, at what mileage was the car worth about $12,000? O 20,000 miles O 30,000 miles O 60,000 miles O 80,000 miles
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Animal breeding help needed!
2. A real estate expert wanted to find the relationship between the sale price of houses and various characteristics of the houses. He collected data on five variables, recorded in the table, for 12 houses that were sold recently. The five variables are: Sale price of a house in thousands of dollars. Size of the lot in acres. Price: Lot Size: Living Area: Living area in square feet. Age: Type of house: town house (T) or Villa (V) Age of a house in years. Price Lot Size Living Area Age Туре of house 255 1.4 2500 8 T 178 0.9 2250 12 T T. T. T. 263 1.8 2900 5 0.7 2.6 127 1800 24 305 3200 10 164 1.2 2400 18 245 2.1 2700 T V 146 1.1 2050 28 287 2.8 2850 13 V 189 1.6 2600 9 211 1.7 2300 8 V 123 0.5 1700 11 V a) Find the regression equation for the town house b) Find the regression equation for the Villa c) What is the price of a town house with a lot size of 1.3, living area of 1800, and is 7 years old? EBBBBE A> >}>l> >{
4. Use this data from the HANES5 survey to estimate the average weight of men 18 and over whose heights were 73 inches. average height: 69 inches average weight: 190 pounds r = 0.41 SD 3 inches SD 42 pounds
Identify the properties of the following illustrations. 4,5,6

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