A real estate builder wishes to determine how house size (House) is influenced by family income (Income),family size (Size), and education of the head of household (School). House size is measured in hundreds ofsquare feet, income is measured in thousands of dollars, and education is in years. The builder randomlyselected 50 families and ran the multiple regression. Microsoft Excel output is provided below:TABLE 14-4SUMMARY OUTPUTRegression StatisticsMultiple RR SquareAdjusted R Square 0.726Standard Error0.8650.7485.195Observations50ΑΝΟΥΑdfSSMS3605.7736Signif F0.0000RegressionResidual1201.92451214.226426.3962Total494820.0000CoeffStdErrort StatP-valueIntercept-1.63355.8078-0.2810.7798Income0.44850.11373.95450.0003SizeA26150 0001ne here to search Income0.44850.11373.95450.0003Size4.26150.80625.2860.0001School-0.65170.4319-1.5090.1383Referring to Table 14-4, what is the predicted house size (in hundreds of square feet) for an individual earning anannual income of $40,000, having a family size of 4, and going to school a total of 13 years?Select one:Oa. 53.87Ob. 15.15O c. 24.88O d. 11.43

With reference to Excel output the regression line is given belowLet House size be denoted by…

Answered: A real estate builder wishes to…

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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Calculate my average exam 1=35 exam 2= 47 exam 3=67 exam 4= 80.625 homework 1b = 95.14 homework 2a= 98.42 homework 2b= 98.36 homework 3a = 97.15 homework 3b= 97.94 homework 4a= 99.49 homework 4b = 97.54 homework 5a= 92.35 homework 5b=92.80 homework 6= 95.71 homework 7a = 94.70 homework 7b = 94.84 homework 8a = 84.86 homework 8b = 94.02 homework 9a= 79.06 Achieve practice 1a= 100 achieve practice 1b= 100 achieve practice 2a =100 achieve practice 2b= 100 achieve practice 3a =100 achieve 3b = 100 achieve practice 4a= 100 achieve practice 5a= 100 achieve practice 5b = 100 achieve practice 6 = 100 achieve practice 7a = 100 achieve practice 7b = 100 achieve practice 8a= 100 achieve practice 8b = 100 achieve practice 9a= 100 achieve practice 9b = 0 recitation= 93
A bank developed a model for predicting the average checking and savings account balance as balance=−18,438+317×age+1,240×years education+0.108×household wealth. a. Explain how to interpret the numbers in this model. b. Suppose that a customer is 27 years old, is a college graduate (so that years education=16),and has a household wealth of $130,000.What is the predicted bank balance?
4. Let's say you own a piece of art that increases in value by 50% the first year after you buy it. 20% the second year. and 90% the third year. What was the increase of that piece of art on average? What type of average do you have to use? Solution: around 50,66%, using the geometric mean.
Researchers wondered whether the size of a person's brain was related to the individual's mental capacity. They selected a sample of 5 females and 5 males and measured their MRI image pixel counts and IQ scores. Females Males MRI IQ MRI IG The data is reported to the right. Complete parts (a) through (d) below 139 858,472 140 955,003 935,494 924,059 1.079.550 1,001.121 Click the icon to view the critical values table. 991,305 138 141 857,782 833,868 790,619 133 135 132 141 135 140 AMRI 1,080,000- AIO 145 AIO 145- AMRI 1,080,000 780,000 130 130 780,000 130 780,000 780,000 130 1,080,000 145 1,080,000 MRI 145 MRI (b) Compute the linear correlation coefficient between MRI count and IQ. Are MRI count and IQ linearly related? Select the correct choice below and, if necessary, fill in the answer box to complete your choice. (Round to three decimal places as needed.) A. Yes, MRI count and IQ are linearly related since the linear correlation coefficient is O B. No. MRI count and IQ are not…
Calculate the arithmetic average of the following by the direct method : Number of labourers Weekly wages (in Rupees) 11-13 13-15 15-17 17-19 19-21 21-23 23-25 25 3. 4 564 43
Calculate my average exam 1=35 exam 2= 47 exam 3=67 exam 4= 80.625 homework 1b = 95.14 homework 2a= 98.42 homework 2b= 98.36 homework 3a = 97.15 homework 3b= 97.94 homework 4a= 99.49 homework 4b = 97.54 homework 5a= 92.35 homework 5b=92.80 homework 6= 95.71 homework 7a = 94.70 homework 7b = 94.84 homework 8a = 84.86 homework 8b = 94.02 homework 9a= 79.06 Achieve practice 1a= 100 achieve practice 1b= 100 achieve practice 2a =100 achieve practice 2b= 100 achieve practice 3a =100 achieve 3b = 100 achieve practice 4a= 100 achieve practice 5a= 100 achieve practice 5b = 100 achieve practice 6 = 100 achieve practice 7a = 100 achieve practice 7b = 100 achieve practice 8a= 100 achieve practice 8b = 100 achieve practice 9a= 100 achieve practice 9b = 0 recitation= 93
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