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A house in a nearby neighborhood has 2 bedrooms and 1250 square feet of living area. Use the following multiple regression model to answer parts

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A house in a nearby neighborhood has 2 bedrooms and 1250 square feet of living area. Use the following multiple regression model to answer parts a through 0 below. % = 18,397.58 - 8041 .18Bedrooms + 103.95Living Area a) Find the price that this model estimates. $ (Round to the nearest dollar as needed.) b) The house just sold for $181,000. Find the residual corresponding to this house. $ (Round to the nearest dollar as needed.) c) What does that residual say about this transaction? 0 A. The house sold for about $48,700 more than the estimate. 0 B. The house sold for about $83,500 more than the estimate. 0 c. The house sold for about $83,500 less than the estimate. 0 D. The house sold for about $48,700 less than the estimate

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