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If you plan to use linear regression model to collect information on the sale prices and ages of houses in Mississippi. (9) s) If you
If you plan to use linear regression model to collect information on the sale prices and ages of houses in Mississippi.
(9) s) If you plan to use linear regression model to analyse this research question: (a)is it a quantitative or qualitative analysis? (b)What is your dependent variable and independent variable? (c)(8 points)Write down the regression model you can use to study the relationship between sale price (in dollars) of house and their age. Explain what each letter stands for in the model. (d)If after you collect the data and run the model, the estimated intercept and coefficient of age are 10,0000 and 3,000, respectively, how do you interpret this result? (e)Can we say that one year increase in the age of a house would cause/lead to decrease in sale price? Why
If you plan to use linear regression model to collect information on the sale prices and ages of houses in Mississippi.
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