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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 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 $1,000 s, is given by hat(y)=118.80+0.22x+51.50d.
a-1. Compute the predicted price (in $1,000 s) of a house with ocean views and square footage of 2,400.
Note: Do not round intermediate calculations. Round your final answer to 2 decimal places.
Predicted price
a-2. Compute the predicted price (in $1,000 s) of a house with ocean views and square footage of 3,100.
Note: Do not round intermediate calculations. Round your final answer to 2 decimal places.
Predicted price
b-1. Compute the predicted price (in $1,000 s) of a house without ocean views and square footage of 2,400.
Note: Do not round intermediate calculations. Round your final answer to 2 decimal places.
Predicted price
b-2. Compute the predicted price (in $1,000 s) of a house without ocean views and square footage of 3,100.
Note: Do not round intermediate calculations. Round your final answer to 2 decimal places.
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