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Please see below. The variables used in the analysis below include: house price ($1000s) - price , lot size (square feet) - lotsz, house square

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The variables used in the analysis below include: house price ($1000s) - price , lot size (square feet) - lotsz, house square feet - soft, and number of bedrooms - bdrms. Use the estimated OLS models to answer the questions below: Model A: In(price) = -.975 +.873In(sqft), (.641) (.085) n = 88; R2 = .553 Model B: In(price) = -1.297 + .700In(sqft) + .168ln(lotsz) + .037bdrms, (-651) (-093) (.038) (.028) n = 88; R2 - .643 From Model B, test the null hypothesis that the slope parameters on In(lotsz) and bdrms and are jointly equal to zero, i.e. Ho : Bin(lotsz) = 0, Bbarms = 0. What is the conclusion of your test using a significance level of .05? Reject. O Fail to reject. O Not enough information Proctorio is sharing your screen. Stop sharing Hide O W

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