Suppose we want to use data on square footage to predict home sale prices. An equation that fits the data below reasonably well is Predicted Selling Price=18.03+0.13(Square Footage). In order to find the sum of squared errors for this data, we have constructed the following table. Housing Prices and Square Footage Observed Selling Price (Thousands of Dollars) Observed Square Footage Predicted Selling Price (Thousands of Dollars) Error Squared Error 189.1 1359 194.70 − 5.60 31.3600 260.2 1910 266.33 − 6.13 37.5769 146.2 1015 149.98 − 3.78 14.2884 250.1 1808 253.07 − 2.97 8.8209 191.2 1329 190.80 0.40 0.1600 202.9 1420 202.63 0.27 0.0729 198.5 1455 207.18 − 8.68 75.3424 223.5 1625 Find the missing values in the table for an observed selling price of 223.5 and square footage of 1625. Round your answers to two decimal places, if necessary.
Suppose we want to use data on square footage to predict home sale prices. An equation that fits the data below reasonably well is Predicted Selling Price=18.03+0.13(Square Footage). In order to find the sum of squared errors for this data, we have constructed the following table. Housing Prices and Square Footage Observed Selling Price (Thousands of Dollars) Observed Square Footage Predicted Selling Price (Thousands of Dollars) Error Squared Error 189.1 1359 194.70 − 5.60 31.3600 260.2 1910 266.33 − 6.13 37.5769 146.2 1015 149.98 − 3.78 14.2884 250.1 1808 253.07 − 2.97 8.8209 191.2 1329 190.80 0.40 0.1600 202.9 1420 202.63 0.27 0.0729 198.5 1455 207.18 − 8.68 75.3424 223.5 1625 Find the missing values in the table for an observed selling price of 223.5 and square footage of 1625. Round your answers to two decimal places, if necessary.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
Suppose we want to use data on square footage to predict home sale prices. An equation that fits the data below reasonably well is
In order to find the sum of squared errors for this data, we have constructed the following table.
Find the missing values in the table for an observed selling price of 223.5 and square footage of 1625. Round your answers to two decimal places, if necessary.
Predicted Selling Price=18.03+0.13(Square Footage).
In order to find the sum of squared errors for this data, we have constructed the following table.
Housing Prices and Square Footage
Observed Selling Price (Thousands of Dollars) | Observed Square Footage | Predicted Selling Price (Thousands of Dollars) | Error | Squared Error |
---|---|---|---|---|
189.1 | 1359 | 194.70 | − 5.60 | 31.3600 |
260.2 | 1910 | 266.33 | − 6.13 | 37.5769 |
146.2 | 1015 | 149.98 | − 3.78 | 14.2884 |
250.1 | 1808 | 253.07 | − 2.97 | 8.8209 |
191.2 | 1329 | 190.80 | 0.40 | 0.1600 |
202.9 | 1420 | 202.63 | 0.27 | 0.0729 |
198.5 | 1455 | 207.18 | − 8.68 | 75.3424 |
223.5 | 1625 |
Find the missing values in the table for an observed selling price of 223.5 and square footage of 1625. Round your answers to two decimal places, if necessary.
AI-Generated Solution
AI-generated content may present inaccurate or offensive content that does not represent bartleby’s views.
Unlock instant AI solutions
Tap the button
to generate a solution
Recommended textbooks for you
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman