Q4

Question completion Status: 3 4 SB 6 7 9 10 QUESTION 3 The following information relates to Questions 3:8. Suppose a researcher collects data on houses that have been sold in a particular neighbourhood over the past year and obtains the rogress on results in the following table Dependent variable: In(Price) (2) (3) (5) Regressor Size (1) 0.00042 (0.000038) In(Size) 0.69 (0.054) 0.68 (0.087) 0.57 (2.03) 0.69 (0.055) 0.0078 (0.14) Bedrooms 0.0036 (0.037) Pool 0.071 (0.034) 0.071 (0.034) 0.071 (0.035) 0.082 (0.032) 0.037 (0.029) 0.071 (0.036) 0.027 (0.029) View 0.007 (0.008) 0.027 0.026 (0,026) (0.030) Pool X View 0.0022 (0.10) Condition 0.12 (0.036) 0.13 (0.045) 10.97 (0,069) 0.12 (0.035) 6.60 (0.39) 0.12 (0.035) 6.63 (0.53) 0.12 (0.035) 6,60 (0.40) Intercept 7.02 (750) Summary Statistics SER 0.1006 1,023 1.000 R 0.0710 0,0761 00814 Variable definitions Price - sale price (), Site - houss size (in care fee: Budnom - Bomber of bedrooms, Pool binary variable (1 il house has a swimming pool, otherwiso): View binary variable (ilf house has a nice view. other win Condition binary variable (froalestate agent reports here in excellent condition, otherwise), (Report your answer Using the results in column what is the expected percentage change in price of bing 1500 square foot addition to a house? number, without A sign Construct a 99% confidence interval for the percentage change price from bulcing 1600-tion to house USLOMAS 20 3 4 54 6 7 8 9 10 10 TReport your answer as a percentage to three decimar places, without a % sign) The upper bound is: QUESTION 4 Continue to use the information from Question 3. Using the results in column (2), what is the percentage effect of a doubling of the size of a house on its price? (Report your answer as a percentage to the nearest whole number, without a % sign) I QUESTIONS Continue to use the information from Question 3. Using column (2). what is the estimated percentage effect of view on price? 2.7 (Report your answer as a percentage to one decimal place, without a % sign) Construct a 99% confidence interval for the estimated percentage effect of view on price. The lower bound is: -0.045 (Report your answer as a percentage to three decimal places, without a sign) The inner hundi na Report your answer as a percentage to three decimal lace without asian Click Save and Submit to save and submit. Click Save All Answers to save all answers Save All Answers Type here to search Lenovo 6:14 1 learn.uq.edu.au = Courses Take Test: Quiz 4 (Sem 2 2020) 0.5 points Saved QUESTION 4 Continue to use the information from Question 3. Using the results in column (2). what is the percentage effect of a doubling of the size of a house on its price? (Report your answer as a percentage 69 to the nearest whole number, without a % sign) 0.5 points Saved QUESTION 5 Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Answers Save and Submit 6:14 7 learn.uq.edu.au Courses Take Test: Quiz 4 (Sem 2 2020) The following information relates to Questions 3-8. Suppose a researcher collects data on houses that have been sold in a particular neighbourhood over the past year and obtains the regression results in the following table. 0.13 SEX mo Mimary reh Using the results in column (1), what is the expected percentage change in price of building a 1500- square-foot addition to a house? (Report your 1 Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Answers Save and Submit Question completion Status: 3 4 SB 6 7 9 10 QUESTION 3 The following information relates to Questions 3:8. Suppose a researcher collects data on houses that have been sold in a particular neighbourhood over the past year and obtains the rogress on results in the following table Dependent variable: In(Price) (2) (3) (5) Regressor Size (1) 0.00042 (0.000038) In(Size) 0.69 (0.054) 0.68 (0.087) 0.57 (2.03) 0.69 (0.055) 0.0078 (0.14) Bedrooms 0.0036 (0.037) Pool 0.071 (0.034) 0.071 (0.034) 0.071 (0.035) 0.082 (0.032) 0.037 (0.029) 0.071 (0.036) 0.027 (0.029) View 0.007 (0.008) 0.027 0.026 (0,026) (0.030) Pool X View 0.0022 (0.10) Condition 0.12 (0.036) 0.13 (0.045) 10.97 (0,069) 0.12 (0.035) 6.60 (0.39) 0.12 (0.035) 6.63 (0.53) 0.12 (0.035) 6,60 (0.40) Intercept 7.02 (750) Summary Statistics SER 0.1006 1,023 1.000 R 0.0710 0,0761 00814 Variable definitions Price - sale price (), Site - houss size (in care fee: Budnom - Bomber of bedrooms, Pool binary variable (1 il house has a swimming pool, otherwiso): View binary variable (ilf house has a nice view. other win Condition binary variable (froalestate agent reports here in excellent condition, otherwise), (Report your answer Using the results in column what is the expected percentage change in price of bing 1500 square foot addition to a house? number, without A sign Construct a 99% confidence interval for the percentage change price from bulcing 1600-tion to house USLOMAS 20 3 4 54 6 7 8 9 10 10 TReport your answer as a percentage to three decimar places, without a % sign) The upper bound is: QUESTION 4 Continue to use the information from Question 3. Using the results in column (2), what is the percentage effect of a doubling of the size of a house on its price? (Report your answer as a percentage to the nearest whole number, without a % sign) I QUESTIONS Continue to use the information from Question 3. Using column (2). what is the estimated percentage effect of view on price? 2.7 (Report your answer as a percentage to one decimal place, without a % sign) Construct a 99% confidence interval for the estimated percentage effect of view on price. The lower bound is: -0.045 (Report your answer as a percentage to three decimal places, without a sign) The inner hundi na Report your answer as a percentage to three decimal lace without asian Click Save and Submit to save and submit. Click Save All Answers to save all answers Save All Answers Type here to search Lenovo 6:14 1 learn.uq.edu.au = Courses Take Test: Quiz 4 (Sem 2 2020) 0.5 points Saved QUESTION 4 Continue to use the information from Question 3. Using the results in column (2). what is the percentage effect of a doubling of the size of a house on its price? (Report your answer as a percentage 69 to the nearest whole number, without a % sign) 0.5 points Saved QUESTION 5 Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Answers Save and Submit 6:14 7 learn.uq.edu.au Courses Take Test: Quiz 4 (Sem 2 2020) The following information relates to Questions 3-8. Suppose a researcher collects data on houses that have been sold in a particular neighbourhood over the past year and obtains the regression results in the following table. 0.13 SEX mo Mimary reh Using the results in column (1), what is the expected percentage change in price of building a 1500- square-foot addition to a house? (Report your 1 Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Answers Save and Submit