We return to the regression in equation (12.42) and respecify it in log-linear form: (a) Is the
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We return to the regression in equation (12.42) and respecify it in log-linear form:
(a) Is the slope for the variable measuring the number of rooms statistically significant? Why or why not?
(b) Interpret the value of the slope for the variable measuring the number of rooms, referring to equation (13.36). Is this indicated effect large or small? Why?
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