A random sample of records of home sales from March 1 to July 1, 2010 from the files maintained by the Charlottesville Board of Realtors gives the Price (in dollars) and Size (in square feet) of 32 homes. The regression model is as follows: Predicted Price = 47,820 + [61 x (Size) ] What price would you predict for a 2,500 square-foot house in this market? O a. $157,282 Ob.$104,680 Oc. $152,500 O d. $200,320
A random sample of records of home sales from March 1 to July 1, 2010 from the files maintained by the Charlottesville Board of Realtors gives the Price (in dollars) and Size (in square feet) of 32 homes. The regression model is as follows: Predicted Price = 47,820 + [61 x (Size) ] What price would you predict for a 2,500 square-foot house in this market? O a. $157,282 Ob.$104,680 Oc. $152,500 O d. $200,320
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.6: Summarizing Categorical Data
Problem 4CGP
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