Question 3 Bluereef real estate agent wants to form a relationship between the prices of houses, how many bedrooms, House size in sq ft and Lot Size in sq ft. The data pertaining to 100 houses were processed using MINITAB and the following is an extract of the output obtained: The regression equation is Price = ß + Bedroom + yHouse Size + ALot Size Predictor Coef SE Coef T P Constant 37718 2.66 Bedrooms 2306 0.33 74.3 -4.36 House Size Lot Size S= 25023 Source DF SS Regression 3 76501718347 Residual Error Total R-Sq-56.0% 96 99 60109046053 14177 6994 52.98 17.02 0.742 0.164 -0.26 0.798 R-Sq (adj) -54.6% MS 25500572782 626135896 P a) Write out the regression equation. b) Fill in the missing values *, **, and c) Use the p-value approach to determine if & is significant at the 5% significance level
Question 3 Bluereef real estate agent wants to form a relationship between the prices of houses, how many bedrooms, House size in sq ft and Lot Size in sq ft. The data pertaining to 100 houses were processed using MINITAB and the following is an extract of the output obtained: The regression equation is Price = ß + Bedroom + yHouse Size + ALot Size Predictor Coef SE Coef T P Constant 37718 2.66 Bedrooms 2306 0.33 74.3 -4.36 House Size Lot Size S= 25023 Source DF SS Regression 3 76501718347 Residual Error Total R-Sq-56.0% 96 99 60109046053 14177 6994 52.98 17.02 0.742 0.164 -0.26 0.798 R-Sq (adj) -54.6% MS 25500572782 626135896 P a) Write out the regression equation. b) Fill in the missing values *, **, and c) Use the p-value approach to determine if & is significant at the 5% significance level
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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