Please answer fast I'll rate you sure. Assuming that the model is representativeof this fictional city, what is the monetaryvalue of aircraft noise that can be elicitedfrom the model? is the $ value same acrossall levels of noise? ExplainSSModel SS42768855.1Residual SS 65697848.2Total SS108466703Dependent variable is RentrentCoefficientnbrlotdistbdbptconstant57.742.35-28.16-4.223.81957.84Standard error t8.090.65Number of obsR-squared1.301.821.55156.607.143.62-21.66-2.322.466.12P>t9230.39[95% conf. interval]0.00 41.870.001.080.00 -30.710.02-7.790.010.770.00 650.5073.613.63-25.60-0.656.851265.19

Given information: The regression output for the data is given.

Answered: Assuming that the model is…

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter10: Statistics

Section: Chapter Questions

Problem 8SGR

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Assuming that the model is representative of this fictional city, what is the monetary value of aircraft noise that can be elicited from the model? is the $value same across