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Assume you ran a multiple regression to gain a better understanding of the relationship between lumber sales, housing starts. and commercial con sthction. The regression

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Assume you ran a multiple regression to gain a better understanding of the relationship between lumber sales, housing starts. and commercial con sthction. The regression uses lumber sales [in $100,0005} as the response 1liariable with housing starts {in 1,000s] and commercial construction [in 1,0005} as the explanatoryI variables. The estimated model is Lumber Sales = 50 + jHousing Starts + BgCommercial Constructions + E. The following ANDVA table summarizes a portion of the regression results. -- eeeeeeen eeeee eeeeeeeee u\" Commercial Construction 033 If Housing Starts were 26,000 and Commercial Construction was 3,500, the best estimate of Lumber Soles would be O $22,014,000 O $16,920,000 O $1o,9'25,3?0 0 $29,505 ,000

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