ANSWER THE FOLLOWING QUESTIONS: ANSWERS 1) What is the value of R-square and what does this tell you? 2) What is the F-value and what does it tell you? 3) What is the multiple regression equation? 4) Calculate the predicted (estimated) value of a house that is 28 years old and 1,484 square feet using the model 6) Calculate the predicted (estimated) value of a house that is 28 years old and 1,600 square feet using the model 6) Which explanatory variable is significant at the a = .05? 7) Interpret the House Age coefficient. 8) Intepret the Ssquare feet coefficientRegression Statistics Multiple R 0.745494776 R Square 0.555762462 Adjusted R Square 0.532981049 Standard Error 7211.848497 Observations 42 ANOVA df SS MS F Significance F Regression 2 2537650171 1268825085 24.39543502 1.3443E-07 Residual 39 2028419591 52010758.75 Total 41 4566069762 Coefficients Standard Error t Stat P-value Lower 95% Upper 95%ower 95.09 pper 95.0% Intercept 47331.38154 13884.34664 3.408974347 0.001527831 19247.63965 75415.12 19247.64 75415.12 X Variable 1 -825.1612203 607.3128421 -1.358708664 0.18204591 -2053.567392 403.245 -2053.57 403.245 X Variable 2 40.91106845 6.696523994 6.109299165 3.65101E-07 27.36607017 54.45607 27.36607 54.45607