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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
House price is estimated as a function of the square footage of a house and a dummy variable that equals if the house has
ocean views. The estimated house price, measured in $ s is given by hat
a Compute the predicted price in $ s of a house with ocean views and square footage of
Note: Do not round intermediate calculations. Round your final answer to decimal places.
Predicted price
a Compute the predicted price in $ s of a house with ocean views and square footage of
Note: Do not round intermediate calculations. Round your final answer to decimal places.
Predicted price
b Compute the predicted price in $ s of a house without ocean views and square footage of
Note: Do not round intermediate calculations. Round your final answer to decimal places.
Predicted price
b Compute the predicted price in $ s of a house without ocean views and square footage of
Note: Do not round intermediate calculations. Round your final answer to decimal places.
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