Bluereef real estate agent wants to form a relationship between the prices of houses, how manybedrooms, House size in sq ft and Lot Size in sq ft.The data pertaining to 100 houses were processed using MINITAB and the following is an extractof the output obtained:The regression equation is Price = B + Bedroom + yHouse Size + ALot SizePredictorCoefSE CoefTPConstant377182.66**Bedrooms23060.3374.3-4.36House SizeLot SizeS-25023ErrorTotalR-Sq-56.0 %969914177699452.9817.020.7420.164-0.26 0.798SourceDESSMSFRegression 3 76501718347 25500572782 ***Residual60109046053 626135896R-Sq (adj) -54.6%Pd) Is y significantly different from -0.5?e) Perform the F test at the 1% level, making sure to state the null and alternative hypoteses.f) Give an interpretation to the term “R-sq” and comment on its value.

Answered: -4.36 Sq-56.0% SS 76501718347…

A First Course in Probability (10th Edition)

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Author:Sheldon Ross

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Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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-4.36 Sq-56.0% SS 76501718347 60109046053 17.02 -0.26 0.798 R-Sq (adj) -54.6% MS 25500572782 626135896 F P ent from -0.5? e 1% level, making sure to state the null and alternative h to the term "R-sq" and comment on its value.