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Question 21 1.5 pts The following is the regression output obtained by regressing the sale price of a house in $10005 (price) on the square
Question 21 1.5 pts The following is the regression output obtained by regressing the sale price of a house in $10005 (\"price") on the square footage of the house in squared feet (\"sqrft\"): SUMMARY OUTPUT Regression Statistics Multiple R 0137906543 R Square 0520796723 Adjusted R Square 0616387387 Standard Error 6351708058 Observations 88 ANOVA Regression 1 5698010753 5693010753 140.7912919 8.42341 E20 Residual 36 348053.433 4047.132941 Total 87 91 7854 .5083 Coefficients Standard ErTOI I\" Stat P-value Lower 95% Upper 95% Intercept 1 120414462 24.74260761 0452827972 0651812965 -37.96253121 60.39062065 Em 0.140210977 0011816643 1166555064 6.42341 E-20 0116720268 0163701687 For every additional squared foot of the house, the associated change in the sale price, on average, is ________ 0 $11.20 0 $0.14 0 $140.21
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