13.8 Comparable number of bedrooms and house size effects In Example 2, the prediction equation between y

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13.8 Comparable number of bedrooms and house size effects In Example 2, the prediction equation between y = selling price and x1 = house size and x2 = number of bedrooms was yn = 60,102 + 63.0x1 + 15,170x2.

a. For fixed number of bedrooms, how much is the house selling price predicted to increase for each square foot increase in house size? Why?

b. For a fixed house size of 2000 square feet, how does the predicted selling price change for two, three, and four bedrooms?

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Statistics The Art And Science Of Learning From Data

ISBN: 9781292164878

4th Global Edition

Authors: Alan Agresti, Christine A. Franklin, Bernhard Klingenberg

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