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What is the predicted price for a home that has 2150 sqft living area, 1050 sqft upper level living area, is 15 years old, has
What is the predicted price for a home that has 2150 sqft living area, 1050 sqft upper level living area, is 15 years old, has 3 bathrooms, and backs out to road? Obtain 90% prediction and confidence intervals for the price of this home. Interpret each interval. fit lwr upr 383629.4 248362.5 518896.4 [1] "confidence interval" A matrix: 1 3 of type dbl fit lwr upr 383629.4 358701.8 408557.1 What is the predicted price for a home that has 4250 sqft living area, 2100 sqft upper level living area, is 5 years old, has 5 bathrooms, and backs out to a lake? Obtain 90% prediction and confidence intervals for the price of this home. Interpret each interval. A matrix: 1 3 of type dbl fit lwr upr 558239 421336.3 695141.7 [1] "confidence interval" A matrix: 1 3 of type dbl fit lwr upr 558239 525580.5 590897.5 Why is the prediction interval wider than the confidence interval
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