Consider the monthly rent (Rent in $) of a home in Ann Arbor, Michigan, as a function of the number of bedrooms (Beds), the number of bathrooms (Baths), and square footage (Sqft). Rent Beds Baths Sqft 645 1 1 500 675 1 1 648 760 1 1 700 800 1 1 903 820 1 1 817 850 2 1 920 855 1 1 900 859 1 1 886 900 1 1.5 1000 905 2 1 920 905 2 1 876 929 2 1 920 960 2 1 975 975 2 2 1100 990 1 1.5 940 995 2 1 1000 1029 2 2 1299 1039 2 2 1164 1049 2 2 1180 1050 2 2 1162 1084 2 2 1163 1100 2 1 1020 1100 2 2 1150 1185 2 2 1225 1245 3 2 1368 1275 2 2 1400 1275 3 2 1350 1400 3 1 1185 1450 2 2 1200 1500 3 2 1412 1518 3 3 1700 1600 3 1 1440 1635 3 3 1460 1635 3 3 1460 1650 3 1.5 1170 1750 3 1.5 1944 1950 4 2.5 2265 1975 3 4 1700 2200 5 4 4319 2400 3 2.5 2700 a. Estimate: Rent = β0 + β1Beds + β2Baths + β3Sqft + ε. (Round your answers to 2 decimal places.) Rent =. ? + ? bed +. ? bath+ ? sqft
Consider the monthly rent (Rent in $) of a home in Ann Arbor, Michigan, as a function of the number of bedrooms (Beds), the number of bathrooms (Baths), and square footage (Sqft). Rent Beds Baths Sqft 645 1 1 500 675 1 1 648 760 1 1 700 800 1 1 903 820 1 1 817 850 2 1 920 855 1 1 900 859 1 1 886 900 1 1.5 1000 905 2 1 920 905 2 1 876 929 2 1 920 960 2 1 975 975 2 2 1100 990 1 1.5 940 995 2 1 1000 1029 2 2 1299 1039 2 2 1164 1049 2 2 1180 1050 2 2 1162 1084 2 2 1163 1100 2 1 1020 1100 2 2 1150 1185 2 2 1225 1245 3 2 1368 1275 2 2 1400 1275 3 2 1350 1400 3 1 1185 1450 2 2 1200 1500 3 2 1412 1518 3 3 1700 1600 3 1 1440 1635 3 3 1460 1635 3 3 1460 1650 3 1.5 1170 1750 3 1.5 1944 1950 4 2.5 2265 1975 3 4 1700 2200 5 4 4319 2400 3 2.5 2700 a. Estimate: Rent = β0 + β1Beds + β2Baths + β3Sqft + ε. (Round your answers to 2 decimal places.) Rent =. ? + ? bed +. ? bath+ ? sqft
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter3: Functions And Graphs
Section3.5: Graphs Of Functions
Problem 46E
Related questions
Question
Consider the monthly rent (Rent in $) of a home in Ann Arbor, Michigan, as a
Rent | Beds | Baths | Sqft |
645 | 1 | 1 | 500 |
675 | 1 | 1 | 648 |
760 | 1 | 1 | 700 |
800 | 1 | 1 | 903 |
820 | 1 | 1 | 817 |
850 | 2 | 1 | 920 |
855 | 1 | 1 | 900 |
859 | 1 | 1 | 886 |
900 | 1 | 1.5 | 1000 |
905 | 2 | 1 | 920 |
905 | 2 | 1 | 876 |
929 | 2 | 1 | 920 |
960 | 2 | 1 | 975 |
975 | 2 | 2 | 1100 |
990 | 1 | 1.5 | 940 |
995 | 2 | 1 | 1000 |
1029 | 2 | 2 | 1299 |
1039 | 2 | 2 | 1164 |
1049 | 2 | 2 | 1180 |
1050 | 2 | 2 | 1162 |
1084 | 2 | 2 | 1163 |
1100 | 2 | 1 | 1020 |
1100 | 2 | 2 | 1150 |
1185 | 2 | 2 | 1225 |
1245 | 3 | 2 | 1368 |
1275 | 2 | 2 | 1400 |
1275 | 3 | 2 | 1350 |
1400 | 3 | 1 | 1185 |
1450 | 2 | 2 | 1200 |
1500 | 3 | 2 | 1412 |
1518 | 3 | 3 | 1700 |
1600 | 3 | 1 | 1440 |
1635 | 3 | 3 | 1460 |
1635 | 3 | 3 | 1460 |
1650 | 3 | 1.5 | 1170 |
1750 | 3 | 1.5 | 1944 |
1950 | 4 | 2.5 | 2265 |
1975 | 3 | 4 | 1700 |
2200 | 5 | 4 | 4319 |
2400 | 3 | 2.5 | 2700 |
a. Estimate: Rent = β0 + β1Beds + β2Baths + β3Sqft + ε. (Round your answers to 2 decimal places.)
Rent =. ? + ? bed +. ? bath+ ? sqft
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