If you want to predict a house price based on number of bedrooms and bathrooms in a house, what predictive technique could be used?

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
icon
Related questions
Question
If you want to predict a house price based on number of bedrooms and bathrooms in a house, what predictive technique could be used?
Expert Solution
Step 1

In this problem our response variable is price which is a continuous in nature.

The predictor variables are number of bedrooms and number of bathrooms. Both of them are discrete. 

So the number of predictor variables are more than 1. 

steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
A First Course in Probability (10th Edition)
A First Course in Probability (10th Edition)
Probability
ISBN:
9780134753119
Author:
Sheldon Ross
Publisher:
PEARSON
A First Course in Probability
A First Course in Probability
Probability
ISBN:
9780321794772
Author:
Sheldon Ross
Publisher:
PEARSON