A certain town is located approximately 25 miles east of a large city. The data organized below include the appraised value (in thousands of dollars), land area of the property in acres, and age, in years, for a sample of 20 single-family homes located in the town. Develop a multiple linear regression model to predict appraised value based on land area of the property and age, in years. Complete parts (a) through (f). @ Click the icon to view the data table. PLEASE RUN SPSS OR STATCRUNCH TO OBTAIN THE REQUIRED DATA TO ANSWER THE QUESTIONS BELOW! Be prepared to RUN SPSS OR STATCRUNCH in other questions in this module too! a. State the multiple regression equation. Let X1i represent the land area of the property in acres and let X2i age, in years. Yi= +( X1i+( X2i (Round to four decima places as needed.) b. Interpret the meaning of the slopes, b1 and b2, in this problem. Choose the correct answer below. {:1- A. For a given age, each increase of 1 acre in land area is estimated to result in an increase in appraised value by 1000b1 dollars. For a given land area, each increase in one year in age is estimated to result in a decrease in appraised value by 1000b2 dollars. {:2- B. For a given age, each increase of 1 acre in land area is estimated to result in an increase in appraised value by b1 dollars. For a given land area, each increase in one year in age is estimated to result in a decrease in appraised value by b2 dollars. {I} C. For a given age, each increase of 1 acre in land area is estimated to result in an increase in appraised value by b2 dollars. For a given land area, each increase in one year in age is estimated to result in a decrease in appraised value by b1 dollars. c. Explain why the regression coefcient, b0, has no practical meaning in the context of this problem. 5:: A. The interpretation of b0 has no practical meaning here because it would represent the estimated appraised value of a new house that has no land area. {"2} B. The interpretation of b0 has no practical meaning here because it would represent the estimated age of a house with no land area and no appraised value. a} C. The interpretation of b0 has no practical meaning here because it would represent the estimated land area of a new house with no appraised value. d. Predict the appraised value for a house that has a land area of 0.25 acres and is 40 years old. $ thousand (Round to two decimal places as needed.)