(A)Use the information above to estimate the linear regression model.
(B)Interpret each of the estimated regression coefficients of the regression model in (A).
(C)Would any of the variables in this model be considered a dummy variable? Explain your answer.
(D)Identify and interpret the coefficient of determination ( )and the standard error of the estimate (s_e)for the model in (A).
(E)Use the estimated model in (A)to predict the sales price of a 2500 square feet,15-year old house that has 5 rooms and an attached garage.

Question

(A)Use the information above to estimate the linear regression model.
(B)Interpret each of the estimated regression coefficients of the regression model in (A).
(C)Would any of the variables in this model be considered a dummy variable? Explain your answer.
(D)Identify and interpret the coefficient of determination (

)and the standard error of the estimate (s_e)for the model in (A).
(E)Use the estimated model in (A)to predict the sales price of a 2500 square feet,15-year old house that has 5 rooms and an attached garage.

Quizplus · Accepted Answer

The Answer of (A)Use the information above to estimate the linear regression model. (B)Interpret each of the estimated regression coefficients of the regression model in (A). (C)Would any of the variables in this model be considered a dummy variable? Explain your answer. (D)Identify and interpret the coefficient of determination ( )and the standard error of the estimate (s_e)for the model in (A). (E)Use the estimated model in (A)to predict the sales price of a 2500 square feet,15-year old house that has 5 rooms and an attached garage.

(A)Use the Information Above to Estimate the Linear Regression Model