A real estate agent would like to predict the selling price of a single-family house by predicting the price (in thousands of dollars) based on the square footage (in 100 square feet). Predict the price of a 4000 square foot house (in thousands of dollars). Dependent variable: Y Analysis of Variance Source Model Error C total Root MSE Dep Mean C.V. DF Variable Intercept X ㎝ 1 13 14 12.9965 88.8400 14.6291 Parameter Estimates DF 1 1 Sum of Squares 4034.4144 2195.8215 6230.2360 R-square Adj R-square Parameter Estimate 18.3538 3.8785 Mean Square 4034.4144 168.9093 0.6476 0.6204 Standard Error 14.8077 0.7936 F Value 23.885 T for H0: Parameter = 0 1.239 4.887 Prob>F 0.0003 Prob > T 0.2371 0.0003

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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Solve the questiion in image. Below are the answer options:

a) 173.494
b) 285.494
c) 178.494
d) 1734.938
e) 277.494
f) None of the above
A real estate agent would like to predict the selling price of a single-family house by predicting the price (in thousands of dollars) based on the square footage (in 100
square feet). Predict the price of a 4000 square foot house (in thousands of dollars).
Dependent variable: Y
Analysis of Variance
Source
Model
Error
C total
Root MSE
Dep Mean
C.V.
DF
Variable
Intercept
X
㎝ 1 13 14
12.9965
88.8400
14.6291
Parameter Estimates
DF
1
1
Sum of
Squares
4034.4144
2195.8215
6230.2360
R-square
Adj R-square
Parameter
Estimate
18.3538
3.8785
Mean
Square
4034.4144
168.9093
0.6476
0.6204
Standard
Error
14.8077
0.7936
F Value
23.885
T for H0:
Parameter = 0
1.239
4.887
Prob>F
0.0003
Prob > T
0.2371
0.0003
Transcribed Image Text:A real estate agent would like to predict the selling price of a single-family house by predicting the price (in thousands of dollars) based on the square footage (in 100 square feet). Predict the price of a 4000 square foot house (in thousands of dollars). Dependent variable: Y Analysis of Variance Source Model Error C total Root MSE Dep Mean C.V. DF Variable Intercept X ㎝ 1 13 14 12.9965 88.8400 14.6291 Parameter Estimates DF 1 1 Sum of Squares 4034.4144 2195.8215 6230.2360 R-square Adj R-square Parameter Estimate 18.3538 3.8785 Mean Square 4034.4144 168.9093 0.6476 0.6204 Standard Error 14.8077 0.7936 F Value 23.885 T for H0: Parameter = 0 1.239 4.887 Prob>F 0.0003 Prob > T 0.2371 0.0003
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