9.24. For the house sales data in Table 9.4, Table 9.12 shows a regression analysis relating selling

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9.24. For the house sales data in Table 9.4, Table 9.12 shows a regression analysis relating selling price to number of bedrooms.

(a) Report the prediction equation, and interpret the slope.

(b) Using the sample slope and the standard deviations, find the correlation. Interpret its value.

(c) Report r 2

, and interpret its value.

(d) Construct a 95% confidence interval for /I, and interpret.

(e) Interpret the value labeled "Root MSE."

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Statistical Methods For The Social Sciences

ISBN: 9781292021669

4th Edition

Authors: Barbara Finlay, Alan Agresti

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Question Posted: Sep 21, 2024 11:03 AM

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9.24. For the house sales data in Table 9.4, Table 9.12 shows a regression analysis relating selling

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Statistical Methods For The Social Sciences

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