How much of the variation in prices are explained by these characteristics?

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter11: Data Analysis And Probability
Section11.1: Stem-and-leaf Plots And Histograms
Problem 10E
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How much of the variation in prices are explained by these characteristics?

Observation
House Age Square Feet
Bedrooms
Brick
Lot size
Price
1
33
1812
2
10872
$405,000
2
32
1914
3
1
9570
$469,800
3
32
1842
12894
$419,850
4
33
1812
9060
$409,500
32
1836
3
1
11016
$458,550
6.
33
2028
3
1
14196
$488,250
7
32
1732
2
12124
$394,200
33
1850
3
1
9250
$432,000
9
32
1791
10746
$401,400
10
33
1666
2
8330
$397,800
11
32
1852
4
1
11112
$504,000
12
32
1620
1
11340
$483,500
13
32
1692
3
8460
$437,500
14
32
2372
4
1
14232
$570,000
15
32
2372
1
14232
$566,000
16
33
1666
9996
$437,500
17
32
2123
4
1
14861
$580,500
18
32
1620
8100
$473,500
19
32
1731
3
8655
$432,000
20
32
1666
3
9996
$435,500
21
28
1520
10640
$417,000
22
27
1484
7420
$399,000
23
28
1588
2
7940
$407,500
24
28
1598
3
7990
$435,500
25
28
1484
3
10388
$413,000
26
33
1484
7420
$394,000
27
28
1520
10640
$438,000
28
27
1701
3
11907
$471,000
29
28
1484
8904
$410,000
30
28
1468
3
7340
$440,500
31
28
1520
10640
$440,500
32
27
1520
9120
$443,000
33
34
1484
2
8904
$383,000
34
28
1520
3
9120
$422,000
35
27
1668
3
8340
$454,500
36
28
1588
11116
$405,000
37
28
1784
10704
$456,500
38
27
1484
2
8904
$406,500
39
27
1520
4
1
9120
$503,500
40
28
1520
9120
$436,000
41
27
1684
3
1
11788
$483,500
42
27
1581
4
1
9486
$603,500
Transcribed Image Text:Observation House Age Square Feet Bedrooms Brick Lot size Price 1 33 1812 2 10872 $405,000 2 32 1914 3 1 9570 $469,800 3 32 1842 12894 $419,850 4 33 1812 9060 $409,500 32 1836 3 1 11016 $458,550 6. 33 2028 3 1 14196 $488,250 7 32 1732 2 12124 $394,200 33 1850 3 1 9250 $432,000 9 32 1791 10746 $401,400 10 33 1666 2 8330 $397,800 11 32 1852 4 1 11112 $504,000 12 32 1620 1 11340 $483,500 13 32 1692 3 8460 $437,500 14 32 2372 4 1 14232 $570,000 15 32 2372 1 14232 $566,000 16 33 1666 9996 $437,500 17 32 2123 4 1 14861 $580,500 18 32 1620 8100 $473,500 19 32 1731 3 8655 $432,000 20 32 1666 3 9996 $435,500 21 28 1520 10640 $417,000 22 27 1484 7420 $399,000 23 28 1588 2 7940 $407,500 24 28 1598 3 7990 $435,500 25 28 1484 3 10388 $413,000 26 33 1484 7420 $394,000 27 28 1520 10640 $438,000 28 27 1701 3 11907 $471,000 29 28 1484 8904 $410,000 30 28 1468 3 7340 $440,500 31 28 1520 10640 $440,500 32 27 1520 9120 $443,000 33 34 1484 2 8904 $383,000 34 28 1520 3 9120 $422,000 35 27 1668 3 8340 $454,500 36 28 1588 11116 $405,000 37 28 1784 10704 $456,500 38 27 1484 2 8904 $406,500 39 27 1520 4 1 9120 $503,500 40 28 1520 9120 $436,000 41 27 1684 3 1 11788 $483,500 42 27 1581 4 1 9486 $603,500
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