Bluereef real estate agent wants to form a relationship between the prices of houses, how many bedrooms, House size in sq ft and Lot Size in są ft. The data pertaining to 100 houses were processed using MINITAB and the following is an extract of the output obtained: The regression equation is Price = B + OBedroom + yHouse Size + ALot Size Predictor Coef SE Coef Constant 37718 14177 2.66 Bedrooms 2306 6994 0.33 0.742 House Size 74.3 52.98 0.164 Lot Size -4.36 17.02 -0.26 0.798 S= 25023 R-Sq=56.0% R-Sq (adj) =54.6% Source DF MS Regression 3 76501718347 25500572782 *** **** Residual 96 60109046053 626135896 Error Total 99 a) Write out the regression equation.

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

Please assist with question b

Bluereef real estate agent wants to form a relationship between the prices of houses, how many
bedrooms, House size in sq ft and Lot Size in są ft.
The data pertaining to 100 houses were processed using MINITAB and the following is an extract
of the output obtained:
The regression equation is Price = B + OBedroom + yHouse Size + ALot Size
Predictor
Coef
SE Coef
Constant
37718
14177
2.66
Bedrooms
2306
6994
0.33
0.742
House Size
74.3
52.98
0.164
Lot Size
-4.36
17.02
-0.26 0.798
S= 25023
R-Sq=56.0%
R-Sq (adj) =54.6%
Source
DF
MS
Regression
3
76501718347 25500572782
***
****
Residual
96
60109046053
626135896
Error
Total
99
a) Write out the regression equation.
b) Fill in the missing values *, **, *** and ****
Transcribed Image Text:Bluereef real estate agent wants to form a relationship between the prices of houses, how many bedrooms, House size in sq ft and Lot Size in są ft. The data pertaining to 100 houses were processed using MINITAB and the following is an extract of the output obtained: The regression equation is Price = B + OBedroom + yHouse Size + ALot Size Predictor Coef SE Coef Constant 37718 14177 2.66 Bedrooms 2306 6994 0.33 0.742 House Size 74.3 52.98 0.164 Lot Size -4.36 17.02 -0.26 0.798 S= 25023 R-Sq=56.0% R-Sq (adj) =54.6% Source DF MS Regression 3 76501718347 25500572782 *** **** Residual 96 60109046053 626135896 Error Total 99 a) Write out the regression equation. b) Fill in the missing values *, **, *** and ****
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