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The regression equation for the model on properties data of a real estate agent is y = 50000 + 50000v1 + 200v2 - 200v3 +
The regression equation for the model on properties data of a real estate agent is y = 50000 + 50000v1 + 200v2 - 200v3 + 1000v4, where y is the sale price in dollars, v1 is the number of bedrooms, v2 is the square footage of the property, v3 is the distance from the city center in miles, and v4 is the type of a property where the value of v4 is 1 for a house, 0 otherwise. What is the predicted sale price for a house with 4 bedrooms, 2000 square footage, and 10 miles from the city center?
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