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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Related Book For
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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