Business
Business, 18.05.2021 23:20, scoutbuffy2512

A realtor is trying to predict the selling price of houses in Greenville (in thousands of dollars) as a function of size (measured in thousands of square feet) and whether or not there is a fireplace (FP is 0 if there is no fireplace, 1 if there is a fireplace). Part of the regression output is provided below based on a sample of 20 homes. Some of the information has been omitted. Errort-Stat

Intercept128.937462.620530249.203
Size 1.207243611.439

FP6.476019541.98036123.27

a. The estimated coefficient for size is approximately .

b. How many predictors (independent variables) were used in the regression?

answer
Answers: 3

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A realtor is trying to predict the selling price of houses in Greenville (in thousands of dollars) a...

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