=+23. Real estate prices. A regression was performed to predict selling Price of beach front vacation homes
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=+23. Real estate prices. A regression was performed to predict selling Price of beach front vacation homes in dollars from their Area in square feet, Lotsize in square feet, and Age in years. The R2 is 90%. The equation from this regression is given here.
Price = 159,228 + 85.3 Area + 1.78 Lotsize - 7500 Age One of the following interpretations is correct. Which is it? Explain what’s wrong with the others.
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Related Book For 
Business Statistics Plus Pearson Mylab Statistics With Pearson Etext
ISBN: 978-1292243726
3rd Edition
Authors: Norean R Sharpe ,Richard D De Veaux ,Paul Velleman
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