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A realtor in a suburb outside of Chicago is analyzing the relationship between the sale price of a home (Price in $), its square footage

A realtor in a suburb outside of Chicago is analyzing the relationship between the sale price of a home (Price in $), its square footage (Sqft), the number of bedrooms (Beds), and the number of bathrooms (Baths). She collects data on 36 recent sales. A portion of the data is shown in the accompanying table.

Price

Sqft

Beds

Baths

672000

2214

3

3

822000

2500

4

2.5

713000

2400

3

3

751636

2400

4

2

737692

2925

4

3

645000

2524

3

2

432692

1891

3

1.5

454667

1786

3

2.5

587500

2100

3

1.5

585000

1947

3

1.5

583000

2224

3

2.5

569000

3262

4

2

764400

2509

4

3

540000

1488

3

1.5

732273

3964

4

3.5

516000

1951

4

2

738111

2531

4

2.5

714000

2418

4

3

693000

2369

4

3

463000

1714

3

2

639800

2310

4

3

451000

1685

3

2

435000

1500

3

1.5

431700

1896

2

1.5

414000

1182

2

1.5

602250

1728

4

2

319200

1106

3

1

253333

896

3

1

285000

954

2

1

375900

2275

5

1

372000

1005

2

1

275625

954

2

1

356500

1431

2

2

247500

1022

2

1

330000

1465

3

1

461250

1275

2

1

a.) Estimate the model Price = 0 + 1Sqft + 2Beds + 3Baths + . (Round Coefficients to 2 decimal places.)

b.) Predict the Price of a 2,423 square-foot home with three bedrooms and two bathrooms. (Do not round intermediate calculations. Round your final answer to the nearest whole number.)

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