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Complete the following business statistic question, and explain its answer and how you achieve it in its entirety for section a (attached) A local real
"Complete the following business statistic question, and explain its answer and how you achieve it in its entirety for section a" (attached)
A local real estate agent was looking at finding out which variables influence purchase price of a home. They performed a regression analysis and here are the results: ANOVA df 55 MS F Significance F Regression 3 3.40139E+11 1.13E+11 44.74711 1.504E-08 Residual 18 45608137579 2.538+09 Total 21 3.85747E+11 Coefficients Standard Error t Stat P-value Intercept -6347.29 36026.95426 -0.17618 0.862118 Size 85.94514 15.49656682 5.546076 2.89E-05 Bedrooms -19414.1 49663.3352 -0.39091 0.700449 Baths 52860.11 65951.31496 0.801502 0.433295 How many independent variables were in the analysis and do any of them significantly influence the price of the home? Use data from the analysis to justify yourStep by Step Solution
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