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National homebuilder build single - family homes and condominium style townhouses. The Excel file house sales provides information on the selling price, lot cost, type
National homebuilder build singlefamily homes and condominium style townhouses. The Excel file house sales provides information on the selling price, lot cost, type of home, and region of the country M Midwest, S south for
closings during one month.
a Develop a multiple regression model for sales price as a function of lot cost and type of home
without any interaction term.
b Determine if an interaction exists between lot cost and type of home and find the best model.
c What is the predicted price for either a singlefamily home or a townhouse with tableALDEHouse Sales sxRegion,Type,Selling Price,Lot Cost,Midwest,Townhouse,$$Midwest,Townhouse,$$Midwest,Townhouse,$$Midwest,Townhouse,$$Midwest,Townhouse,$$Midwest,Single Family,$$Midwest,Townhouse,$$Midwest,Townhouse,$$Midwest,Townhouse,$$Midwest,Single Family,$$Midwest,Townhouse,$$Midwest,Townhouse,$$South,Single Family,$$Midwest,Single Family,$$Midwest,Single Family,$$Midwest,Single Family,$$Midwest,Single Family,$$Midwest,Single Family,$$South,Townhouse,$$Midwest,Single Family,$$Midwest,Townhouse,$$Midwest,Townhouse,$$South,Townhouse,$$South,Townhouse,$$Midwest,Single Family,$$Midwest,Single Family,$$Midwest,Single Family,$$Midwest,Townhouse,$$Midwest,Single Family,$$South,Single Family,$$Midwest,Townhouse,$$Midwest,Single Family,$$Midwest,Single Family,$$South,Single Family,$$South,Townhouse,$$South,Townhouse,$$Snuth,Sinnle Familv,SAntable
a lot cost of $
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