### [solution] » Giving the selling price of the dependent variable and house size, house age and are independent

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Giving the selling price of the dependent variable and house size, house age and are independent variables please fill in the table and answer the following questions (a-h).  (a = 0.05)

 SUMMARY OUTPUT Regression Statistics Multiple R 0.9571 R Square _____ Adjusted R Square 0.8932 Standard Error 6.8940 Observations _____ ANOVA df SS MS F Significance F Regression 3 5707.4385 _____ _____ 3.27814E-06 Residual 11 _____ 47.5270 Total _____ 6230.2360 Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Lower 95.0% Upper 95.0% Intercept -16.0580 19.0710 -0.8420 0.4177 -58.0331 25.9171 _____ 25.9171 House Size 4.1462 0.7512 5.5195 0.0002 2.4928 5.7995 2.4928 _____ House Age -0.2361 0.8812 -0.2679 0.7937 -2.1756 1.7035 _____ 1.7035 Area 4.8309 0.9011 5.3612 0.0002 2.8476 6.8141 2.8476 _____

 a) Write and interpret the estimated regression equation b) What is the number of observations c) What percent of the variation is explained by the regression equation, please explain. d) What is the standard error of regression, please explain.? e) What is the variance of the slope coefficient of House size? f) Conduct a global test of hypothesis to determine if any of the regression coefficients are not zero. g) Conduct a test of hypothesis for each of the independent variables. Which one you would eliminate and why? h) Interpret and show that you understand this computer printout. (Significant weight will be given to this question)

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##### [solution] » Giving the selling price of the dependent variable and house size, house age and are independent .zip

This paper was answered on 14-Oct-2020

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