Consider the following ANOVA table for a multiple regression model relating housing prices (in thousands of dollars) to the number of bedrooms in the house and the size of the lot on which the house was built (in square feet). There were 9090 total observations. Estimated Price=20,160.07+2188.83(Bedrooms)+0.2139(Lot Size)Estimated Price=20,160.07+2188.83(Bedrooms)+0.2139(Lot Size) ANOVA dfdf SSSS MSMS F� Significance F� Regression 22 306,443.7975306,443.7975 153,221.8988153,221.8988 21.727421.7274 2.2211E-082.2211E-08 Residual 8787 613,525.5190613,525.5190 7052.01757052.0175 Total 8989 919,969.3165919,969.3165 What percent of variation in housing prices is explained by the number of bedrooms and lot size? Round your answer to two decimal places
Consider the following ANOVA table for a multiple regression model relating housing prices (in thousands of dollars) to the number of bedrooms in the house and the size of the lot on which the house was built (in square feet). There were 9090 total observations. Estimated Price=20,160.07+2188.83(Bedrooms)+0.2139(Lot Size)Estimated Price=20,160.07+2188.83(Bedrooms)+0.2139(Lot Size) ANOVA dfdf SSSS MSMS F� Significance F� Regression 22 306,443.7975306,443.7975 153,221.8988153,221.8988 21.727421.7274 2.2211E-082.2211E-08 Residual 8787 613,525.5190613,525.5190 7052.01757052.0175 Total 8989 919,969.3165919,969.3165 What percent of variation in housing prices is explained by the number of bedrooms and lot size? Round your answer to two decimal places
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section: Chapter Questions
Problem 22SGR
Related questions
Question
Consider the following ANOVA table for a multiple regression model relating housing prices (in thousands of dollars) to the number of bedrooms in the house and the size of the lot on which the house was built (in square feet). There were 9090 total observations.
Estimated Price=20,160.07+2188.83(Bedrooms)+0.2139(Lot Size)Estimated Price=20,160.07+2188.83(Bedrooms)+0.2139(Lot Size)
ANOVA
| dfdf | SSSS | MSMS | F� | Significance F� | |
|---|---|---|---|---|---|
| Regression | 22 | 306,443.7975306,443.7975 | 153,221.8988153,221.8988 | 21.727421.7274 | 2.2211E-082.2211E-08 |
| Residual | 8787 | 613,525.5190613,525.5190 | 7052.01757052.0175 | ||
| Total | 8989 | 919,969.3165919,969.3165 |
What percent of variation in housing prices is explained by the number of bedrooms and lot size? Round your answer to two decimal places
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