Quiz Question 2 Let y represent house price measured in thousand dollars. Let x, and x2 represent the logarithm of land size measured in square meters and number of bedrooms, respectively. Suppose the estimated model is Not yet In (9) = 10 + 2X, + 0.1X2. Which of the following statements is the most accurate? answered Pat Marked out of O a. None of the answers provided. 3.00 O b. The house price is predicted to increase by 2 thousand dollars Flag 5 6 question for every 1 per cent increase of land size holding number of bedrooms constant. 10 11 O c. The house price is predicted to increase by 10 per cent for every 1 per cent increase of number of bedrooms holding land 15 A 16 size constant. 20 O d. The house price is predicted to increase by 2 per cent for every 1 per cent increase of land size holding number of bedrooms 23 24 constant. O e. The house price is predicted to be 10 thousand dollars when Finish attem land size is O and number of bedrooms is O. Time left 2:5