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Price Sqft Beds Baths Col 840000 2768 4 3.5 1 822000 2500 4 2.5 1 713000 2400 3 3 1 689000 2200 3 2.5 1

PriceSqftBedsBathsCol
840000276843.51
822000250042.51
7130002400331
689000220032.51
685000271633.51
6450002524321
625000273242.50
620000243643.51
587500210031.51
585000194731.51
583000222432.51
5690003262420
5460001792320
540000148831.50
537000290732.50
5160001951421
511000175231.51
5100001727321
4950001692320
4630001714320
4570001650320
4510001685320
435000150031.51
431700189621.50
414000118221.50
4015001152310
3990001383410
3800001344420
3800001272310
3759002275510
3720001005210
3675001272310
3565001431221
3300001362310
3300001465310
307500850110

1. For the sample data use the above table to find the mean price, square footage, number of bedrooms, and number of bathrooms.

PriceSquare FeetBedsBaths
Average
image text in transcribed
2. Use Excel to estimate the following four models. Round the coefficients to the nearest whole number. (a) Model 1: Price = Bo + BISaft (b) Model 2: Price = Bo + BISaft + B2Baths (c) Model 3: Price = Bo + B,Beds + B2Baths (d) Model 4: Price = Bo + BiSaft + B2Beds + B3Baths

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