Bluereef real estate agent wants to form a relationship between the prices of houses, how many bedrooms, House size in sq ft and Lot Size in sq ft. The data pertaining to 100 houses were processed using MINITAB and the following is an extract: The regression equation is Price =ß + ¢Bedroom +yHouse Size + ALot Size Predictor Coef SE Coef т P Constant 37718 14177 2.66 ** Bedrooms 2306 6994 0.33 0.742 House Size 74.3 52.98 0.164 Lot Size -4.36 17.02 -0.26 0.798 S= 25023 R-Sq=56.0% R-Sq(adj)=54.6% Source DF s MS F P Regression Residual 3 76501718347 25500572782 **** *** Error 96 60109046053 626135896 Total 99 1. Fill in the missing values *, **, *** and ****. 2. Use the p-value approach to determine if o is significant at the 5% significance level
Bluereef real estate agent wants to form a relationship between the prices of houses, how many bedrooms, House size in sq ft and Lot Size in sq ft. The data pertaining to 100 houses were processed using MINITAB and the following is an extract: The regression equation is Price =ß + ¢Bedroom +yHouse Size + ALot Size Predictor Coef SE Coef т P Constant 37718 14177 2.66 ** Bedrooms 2306 6994 0.33 0.742 House Size 74.3 52.98 0.164 Lot Size -4.36 17.02 -0.26 0.798 S= 25023 R-Sq=56.0% R-Sq(adj)=54.6% Source DF s MS F P Regression Residual 3 76501718347 25500572782 **** *** Error 96 60109046053 626135896 Total 99 1. Fill in the missing values *, **, *** and ****. 2. Use the p-value approach to determine if o is significant at the 5% significance level
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Transcribed Image Text:Bluereef real estate agent wants to form a relationship between the prices of
houses, how many bedrooms, House size in sq ft and Lot Size in sg ft. The data
pertaining to 100 houses were processed using MINITAB and the following is an
extract:
The regression equation is Price = B + ÞBedroom + yHouse Size + ALot Size
Predictor
Coef
SE Coef
T
P
Constant
37718
14177
2.66
**
Bedrooms
2306
6994
0.33
0.742
House Size
74.3
52.98
0.164
Lot Size
-4.36
17.02
-0.26 0.798
s= 25023
R-Sq=56.0%
R-Sq(adj)=54.6%
Source
DF
MS
F
P
Regression
Residual
3
76501718347 25500572782
****
Error
96
60109046053
626135896
Total
99
1. Fill in the missing values *, **,
and
****
2. Use the p-value approach to determine if o is significant at the 5% significance
level
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