House price y is estimated as a function of the square footage of a house x and a dummy variable d that equals 1 if the house has ocean views. The estimated house price, measured in $1,000s, is given by = 11110 +0.16x + 48.70d. a-1. Compute the predicted price (in $1,000s) of a house with ocean views and square footage of 2,000. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Predicted price 0-2. Compute the predicted price in $1,000s) of a house with ocean views and square footage of 2,800. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Predicted price b-1. Compute the predicted price (in $1,000s) of a house without ocean views and square footage of 2,000. (Do not round Intermediate calculations. Round your final answer to 2 decimal places.) Predicted price b-2. Compute the predicted price (in $1,000s) of a house without ocean views and square footage of 2,800. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Predicted price c. Discuss the impact of ocean views on the house price. An ocean view increases the value of house price by approximately 48.70 thousand dollars. An ocean view decreases the value of house price by approximately 16%. O An ocean view decreases the value of house price by approximately 48.70 thousand dollars. O An ocean view increases the value of house price by approximately 16%