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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 y^=117.70+0.23x+57.40 d. a-1. Compute the predicted price (in $1,000 s) of a house with ocean views and square footage of 2,300 . Note: Do not round intermediate calculations. Round your final answer to 2 decimal places. a-2. Compute the predicted price (in $1,000 s) of a house with ocean views and square footage of 3,200 . Note: Do not round intermediate calculations. Round your final answer to 2 decimal places. b-1. Compute the predicted price (in $1,000 s) of a house without ocean views and square footage of 2,300 . Note: Do not round intermediate calculations. Round your final answer to 2 decimal places. b-1. Compute the predicted price (in $1,000 s) of a house without ocean views and square footage of 2,300 . Note: Do not round intermediate calculations. Round your final answer to 2 decimal places. b-2. Compute the predicted price (in $1,000 s) of a house without ocean views and square footage of 3.200, Note: Do not round intermediate calculations. Round your final answer to 2 decimal places
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