House price y is estimated as a function of the square footage of a house x and a dummy variable d that equals 1 if the house has ocean views. The estimated house price, measured in $1,000s, is given by yˆy^ = 119.60 + 0.14x + 54.80d. b-1 Compute the predicted price (in $1,000s) of a house without ocean views and square footage of 1,600. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) predicted price= b-2. Compute the predicted price (in $1,000s) of a house without ocean views and square footage of 3,200.  predicted price=

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A: For maxima, [double derivative of  s(t)]<0.

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A: Here we use slope intercept form , which is y=mx+bm is the slopeb is the intercept

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