A regression to predict the mean selling house price was estimated using a random sample of 42 recently-sold houses. The explanatory variables were square footage the house, lot size, number of bathrooms and whether or not it was close to green space. The sum of squares error from the regression was 250. Compute the multipl standard error of estimate. Round to ONE decimal place.

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question

40

A regression to predict the mean selling house price was estimated using a random
sample of 42 recently-sold houses. The explanatory variables were square footage of
the house, lot size, number of bathrooms and whether or not it was close to green
space. The sum of squares error from the regression was 250. Compute the multiple
standard error of estimate. Round to ONE decimal place.
Transcribed Image Text:A regression to predict the mean selling house price was estimated using a random sample of 42 recently-sold houses. The explanatory variables were square footage of the house, lot size, number of bathrooms and whether or not it was close to green space. The sum of squares error from the regression was 250. Compute the multiple standard error of estimate. Round to ONE decimal place.
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman