Student Solutions Manual for Basic Business Statistics
Student Solutions Manual for Basic Business Statistics
13th Edition
ISBN: 9780321926708
Author: David M. Levine; Mark L. Berenson; Timothy C. Krehbiel; Kathryn A. Szabat; David F. Stephan
Publisher: Pearson Education
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Chapter 15, Problem 24PS

You need to develop a model to predict the assessed value of houses in Silver Spring, Maryland, based on the size of the house, whether it has a fireplace, the number of bedrooms, and the number of bathrooms. A sample of 30 houses is selected and the results are stored in SilverSpring.

Develop the most appropriate multiple regression model to predict assessed value. Be sure to perform a thorough residual and influence analysis. In addition, provide a detailed explanation of the results.

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Student Solutions Manual for Basic Business Statistics

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