Question Details

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


Description

Answer Download


The Question

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)


 


Solution details

Solution #00020319

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

Uploaded by: Tutor

Answer rating:

This paper was answered on 14-Oct-2020

Pay using PayPal (No PayPal account Required) or your credit card . All your purchases are securely protected by .

About this Question

STATUS

Answered

QUALITY

Approved

DATE ANSWERED

Oct 14, 2020

EXPERT

Tutor

ANSWER RATING

BEST TUTORS

We have top-notch tutors who can do your essay/homework for you at a reasonable cost and then you can simply use that essay as a template to build your own arguments.

You can also use these solutions:

  • As a reference for in-depth understanding of the subject.
  • As a source of ideas / reasoning for your own research (if properly referenced)
  • For editing and paraphrasing (check your institution's definition of plagiarism and recommended paraphrase).
This we believe is a better way of understanding a problem and makes use of the efficiency of time of the student.

STUCK WITH YOUR PAPER?

Order New Solution. Quick Turnaround

Click on the button below in order to Order for a New, Original and High-Quality Essay Solutions. New orders are original solutions and precise to your writing instruction requirements. Place a New Order using the button below.

WE GUARANTEE, THAT YOUR PAPER WILL BE WRITTEN FROM SCRATCH AND WITHIN A DEADLINE.

Order Now