Nassau County is located approximately 25 miles east of New York City. The accompanying data include the fair market value (in thousands of dollars), land area of the property in acres, and age, in years, for a sample of 20 single-family homes located in Glen Cove, a small city in Nassau County. Develop a multiple linear regression model to predict the fair market value based on land area of the property and age, in years. Complete parts (a) through (f). E Click the icon to view the data table. a. State the multiple regression equation. Let X, represent the land area of the property in acres and let X represent age, in years. - X Data Table (Round to one decimal place as needed.) Fair Market Value Property Size 0.2192 Address Age 21 Jefferson St 38 Hitching Post Lane 79 Valentine Street 425.0 61 539.2 387.8 644.0 338.3 519.8 412.4 0.1630 0.1722 0.6545 0.1693 0.1492 0.1148 1.3100 0.3849 0.1808 0.4626 0.1714 0.1889 0.2281 0.3636 0.2549 39 62 56 13 Westland Drive 38 Jefferson Street 26 Broadfield Place 7 Valentine Street 4 Poppy Lane 29 Meadowfield Lane 23 Guilfoy Street 12 Prospect Avenue 15 Inwood Road 1 Buckeye Road 17 Duke Place 7 Woodland Road 5 Daniel Drive 14 Fox Street 4 Poppy Lane 15 Francis Terrace 36 Elm Avenue 74 44 889.0 437.4 370.3 454.4 334.3 417.3 22 62 54 58 92 62 64 50 55 56 64 28 98 564.0 541.8 490.4 389.0 628.2 487.7 388.0 0.1763 0.4608 0.2290 0.1474 51 Print Done

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