FloorArea (Sq.Ft.)	Offices	Entrances	Age	AssessedValue ($'000)
4790	4	2	8	1796
4720	3	2	12	1544
5940	4	2	2	2094
5720	4	2	34	1968
3660	3	2	38	1567
5000	4	2	31	1878
2990	2	1	19	949
2610	2	1	48	910
5650	4	2	42	1774
3570	2	1	4	1187
2930	3	2	15	1113
1280	2	1	31	671
4880	3	2	42	1678
1620	1	2	35	710
1820	2	1	17	678
4530	2	2	5	1585
2570	2	1	13	842
4690	2	2	45	1539
1280	1	1	45	433
4100	3	1	27	1268
3530	2	2	41	1251
3660	2	2	33	1094
1110	1	2	50	638
2670	2	2	39	999
1100	1	1	20	653
5810	4	3	17	1914
2560	2	2	24	772
2340	3	1	5	890
3690	2	2	15	1282
3580	3	2	27	1264
3610	2	1	8	1162
3960	3	2	17	1447

• What is the final model if we only use Floor Area and Offices as predictors?
  1. Upon using only the Floor Area and Offices as predictors, the final model would be:
• Suppose our final model is: Assessed Value = 115.9 + 0.26 x Floor Area + 78.34 x Offices.
• What would be the assessed value of a medical office building with a floor area of 3500 sq. ft., 2 offices, that was built 15 years ago?
• Is this assessed value consistent with what appears in the database?