Question
Answer the question where 'price' is a price of housing (a dependent variable), 'rooms' is a number of rooms, and 'sqfeet' is a house size
Answer the question
where 'price' is a price of housing (a dependent variable), 'rooms' is a number of rooms, and 'sqfeet' is a house size in square feet.
1.1 Write liner regression equation.
1.2 Are the coefficients of independent variables (Xi) statistically significant at 95% confident interval, using T-test.
1.3 Interpret the estimated R-square
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Economics of Strategy
Authors: David Besanko, David Dranove, Mark Shanley, Scott Schaefer
6th edition
978-1118273630, 111827363X, 978-1118319185
