You have estimated the following equation that describes the median housing price (in thousands of $) in a community that has air pollution (measured with Oxide for nitrous oxide) and the average number of bedrooms in the houses (Rooms): Log(PRICE,) = 10.35 - 0.778 * Log(Oxide;) + 0.714*Room; , n=208, R2=0.345 The first house in the sample, which is located in a community associated with a level of air pollution in log of 0.4 (i.e. Log(Oxide;)=0.4) and has 5 bedrooms, has been sold for $ 820,000. Which of the following statements is correct? ()a) The house has been sold at a price that is about $6,865 higher than what the model predicts. (b) The house has been sold at a price that is about $6,745 higher than what the model predicts. (c) The house has been sold at a price that is about $6,745 lower than what the model predicts O d) The house has been sold at a price that is about $7,745 higher than what the model predicts ( e) The house has been sold at a price that is about $7,745 higher than what the model predicts