The commercial division of a real estate firm is conducting a regression analysis of the relationship between 2, annual gross rents (in thousands of dollars), and y, selli price (in thousands of dollars) for apartment buildings. Data were collected on several properties recently sold and the following computer output was obtained. Intercept Annual Gross Rents a. How many apartment buildings were in the sample? x What is the p-value? Use Table 4 of Appendix B. n-value is ANOVA Regression Residual Total Select your answer Q Search df 1 7 8 b. Write the estimated regression equation (to 2 decimals if necessary). ŷ = c. Use the t statistic to test the significance of the relationship at a 0.05 level of significance. What is the p-value? Use Table 2 of Appendix B. p-value is Select your answer - What is your conclusion? Coefficients 20.000 7.280 Select your answer - d. Use the F statistic to test the significance of the relationship at a 0.05 level of significance. Compute the F test statistic (to 2 decimals). SS 41587.1 51984.1 LEGION Standard Error 3.2213 1.3621 Live MS F Significance F t Stat 6.21 5.29 P-value

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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b. Write the estimated regression equation (to 2 decimals if necessary).
ŷ =
+
c. Use the t statistic to test the significance of the relationship at a 0.05 level of significance.
What is the p-value? Use Table 2 of Appendix B.
p-value is - Select your answer
What is your conclusion?
Select your answer
d. Use the F statistic to test the significance of the relationship at a 0.05 level of significance.
Compute the F test statistic (to 2 decimals).
69
What is the p-value? Use Table 4 of Appendix B.
p-value is
Select your answer -
What is your conclusion?
- Select your answer -
e. Predict the selling price of an apartment building with gross annual rents of $60,000 (to 1 decimal).
$
thousands.
Icon Key
S
T
Exercise 14.40 Algo (Excel's Regression Tool)
Q Search
LEGION
Live
W
Transcribed Image Text:b. Write the estimated regression equation (to 2 decimals if necessary). ŷ = + c. Use the t statistic to test the significance of the relationship at a 0.05 level of significance. What is the p-value? Use Table 2 of Appendix B. p-value is - Select your answer What is your conclusion? Select your answer d. Use the F statistic to test the significance of the relationship at a 0.05 level of significance. Compute the F test statistic (to 2 decimals). 69 What is the p-value? Use Table 4 of Appendix B. p-value is Select your answer - What is your conclusion? - Select your answer - e. Predict the selling price of an apartment building with gross annual rents of $60,000 (to 1 decimal). $ thousands. Icon Key S T Exercise 14.40 Algo (Excel's Regression Tool) Q Search LEGION Live W
5.
6.
The commercial division of a real estate firm is conducting a regression analysis of the relationship between , annual gross rents (in thousands of dollars), and y, selling
price (in thousands of dollars) for apartment buildings. Data were collected on several properties recently sold and the following computer output was obtained.
Intercept
Annual Gross
Rents
a. How many apartment buildings were in the sample?
ANOVA
What is the p-value? Use Table 4 of Appendix B.
Regression
Residual
Total
n-value is - Select your answer
Q Search
df
1
7
8
Coefficients
20.000
7.280
b. Write the estimated regression equation (to 2 decimals if necessary).
ŷ =
+
c. Use the t statistic to test the significance of the relationship at a 0.05 level of significance.
What is the p-value? Use Table 2 of Appendix B.
p-value is
Select your answer -
SS
41587.1
What is your conclusion?
Select your answer -
d. Use the F statistic to test the significance of the relationship at a 0.05 level of significance.
Compute the F test statistic (to 2 decimals).
LEGION
51984.1
Live
Standard Error
3.2213
1.3621
MS F
W
Significance F
t Stat
6.21
5.29
P-value
Transcribed Image Text:5. 6. The commercial division of a real estate firm is conducting a regression analysis of the relationship between , annual gross rents (in thousands of dollars), and y, selling price (in thousands of dollars) for apartment buildings. Data were collected on several properties recently sold and the following computer output was obtained. Intercept Annual Gross Rents a. How many apartment buildings were in the sample? ANOVA What is the p-value? Use Table 4 of Appendix B. Regression Residual Total n-value is - Select your answer Q Search df 1 7 8 Coefficients 20.000 7.280 b. Write the estimated regression equation (to 2 decimals if necessary). ŷ = + c. Use the t statistic to test the significance of the relationship at a 0.05 level of significance. What is the p-value? Use Table 2 of Appendix B. p-value is Select your answer - SS 41587.1 What is your conclusion? Select your answer - d. Use the F statistic to test the significance of the relationship at a 0.05 level of significance. Compute the F test statistic (to 2 decimals). LEGION 51984.1 Live Standard Error 3.2213 1.3621 MS F W Significance F t Stat 6.21 5.29 P-value
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