Basic Business Statistics Student Value Edition Plus NEW MyLab Statistics  with Pearson eText -- Access Card Package (13th Edition)
Basic Business Statistics Student Value Edition Plus NEW MyLab Statistics with Pearson eText -- Access Card Package (13th Edition)
13th Edition
ISBN: 9780133873641
Author: Mark L. Berenson, David M. Levine, Kathryn A. Szabat
Publisher: PEARSON
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Chapter 15, Problem 35PS

You are a real estate broker who wants to compare property values in Glen Cove and Roslyn (which are located approximately 8 miles apart). Use the data in GCRosyln. Make sure to included the dummy variable for location (Glen Cove or Roslyn) in the regression model.

a. Develop the most appropriate multiple regression model to predict fair market value.

b. What conclusions can you reach concerning the difference in fair market value between Glen Cove and Roslyn?

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Chapter 15 Solutions

Basic Business Statistics Student Value Edition Plus NEW MyLab Statistics with Pearson eText -- Access Card Package (13th Edition)

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