A real estate developer wishes to study the relationship between the size of home a client will purchase (in square feet) and other variables. Possible independent variables include the family income, family size, whether there is a senior adult parent living with the family (1 for yes, O for no), and the total years of education beyond high school for the husband and wife. The sample information is reported below. Senior Square Feet Income Family Family (000s) Size Parent Education 4. 60.8 68.4 2 2,240 2,300 3,400 3,360 3,000 2,900 4,100 2,520 4,200 2,800 2 1 3. 104.5 3 4 89.3 4 72.2 4. 114 10 7 125.4 8 83.6 3 9. 133 10 95 3. Click here for the Excel Data File a. Develop an appropriate multiple regression equation using stepwise regression. (Use Excel data analysis and enter number of family members first, then their income and delete any insignificant variables. Leave no cells blank - be certain to enter "O" wherever required. RandR adj are in percent values. Round your answers to 3 decimal places.) Step Constant Family Size t-statistic p-value Income t-statistic p-value R-Sq R-Sq(adj) 6792Oo coND

A real estate developer wishes to study the relationship between the size of home a client will purchase (in square feet) and other variables. Possible independent variables include the family income, family size, whether there is a senior adult parent living with the family (1 for yes, O for no), and the total years of education beyond high school for the husband and wife. The sample information is reported below. Senior Square Feet Income Family Family (000s) Size Parent Education 4. 60.8 68.4 2 2,240 2,300 3,400 3,360 3,000 2,900 4,100 2,520 4,200 2,800 2 1 3. 104.5 3 4 89.3 4 72.2 4. 114 10 7 125.4 8 83.6 3 9. 133 10 95 3. Click here for the Excel Data File a. Develop an appropriate multiple regression equation using stepwise regression. (Use Excel data analysis and enter number of family members first, then their income and delete any insignificant variables. Leave no cells blank - be certain to enter "O" wherever required. RandR adj are in percent values. Round your answers to 3 decimal places.) Step Constant Family Size t-statistic p-value Income t-statistic p-value R-Sq R-Sq(adj) 6792Oo coND

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter10: Statistics

Section10.3: Measures Of Spread

Problem 1GP

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