Mathematics, 12.12.2019 04:31, 2Dgames
Arealtor 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.
picture
which statement is supported by the regression output?
at α = .05, fp is not a significant predictor in a two-tailed test.
a fireplace adds around $6476 to the selling price of the average house.
a large house with no fireplace will sell for more than a small house with a fireplace.
fp is a more significant predictor than size.
Answers: 3
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Arealtor is trying to predict the selling price of houses in greenville (in thousands of dollars) as...
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