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TB MC Qu. 14-97 (Algo) A real estate analyst believes that... A real estate analyst believes that the three main factors that influence an apartment's
TB MC Qu. 14-97 (Algo) A real estate analyst believes that... A real estate analyst believes that the three main factors that influence an apartment's rent in a college town are the number of bedrooms, the number of bathrooms, and the apartments square footage. For 40 apartments, she collects data on the rent 0/, in $), the number of bedrooms (x1), the number of bathrooms (x2), and its square footage (X3). She estimates the following model as Rent = 69 + 61 Bedroom + 62 Bath + 53 Sqft + e. The following ANOVA table shows a portion ofthe regression results. \"n\" eeeesseen eeeeeee1 Teeee Sqft 0.4 0.09 4.44 0.0281 The slope coefficient for Bedroom indicates that, holding other explanatory variables constant
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