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Greetings, Please answer only the fields which are not correct and are in RED . Thank you A real estate developer wishes to study the
Greetings,
Please answer only the fields which are not correct and are in RED. Thank you
A real estate developer wishes to study the relationship between the size of home a client will purchase [in square feet} and other variables. Possible independent variables include the family income, family size, whether there is a senior adult parent living with the family [1 for yes, 0 for no], and the total years of education beyond high school for the husband and wife. The sample information is reported below. F'lily Square Feet 2,360 2,360 3,460 3,350 3,666 2,966 4,166 2,256 4,266 2,366 ammummawwu i_t Click here for the Excel Data File Income [6895} 68.8 68.4 134.5 89.3 72.2 114 125.4 83.5 133 95 Family Size w m w m N e e w w M Senior Parent Educat ion 4 6 G G G H o H G H O H m N m m o N 6 u m a. Develop an appropriate multiple regression equation using stepwise regression. {Use Excel data analysis and enter number of family members rst, then their income and delete any insignicant variables. Leave no cells blank - be certain to enter "0" wherever required. Rand R2 adj are in percent values. Round your answers to 3 decimal places.) 9 Answer is complete but not ellitireligilr correct. Constant 1252.592 0 r93ss1 0 Family Size 530335 0 322.341 0 tatatistic 3 362 0 3 145 9 p-value i] 005 0 i] 016 0 Income 15 593 9 tatatistic 3 214 9 p-value [[015 a s i] DDU 6 300.943 9 RSq 55 037 0 35 895 9 RSq(adj] so 323 6 31 865 9Step by Step Solution
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