Compute the predicted price (in $1,000s) of a house with ocean views and square footage of 1,600. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) predicted price=    a-2. Compute the predicted price (in $1,000s) of a house with ocean views and square footage of 3,200. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) predicted price=

Trigonometry (MindTap Course List)
10th Edition
ISBN:9781337278461
Author:Ron Larson
Publisher:Ron Larson
ChapterP: Prerequisites
SectionP.7: A Library Of Parent Functions
Problem 47E
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House price y is estimated as a function of the square footage of a house x and a dummy variable d that equals 1 if the house has ocean views. The estimated house price, measured in $1,000s, is given by yˆy^ = 119.60 + 0.14x + 54.80d.

 

a-1. Compute the predicted price (in $1,000s) of a house with ocean views and square footage of 1,600. (Do not round intermediate calculations. Round your final answer to 2 decimal places.)

predicted price= 

 

a-2. Compute the predicted price (in $1,000s) of a house with ocean views and square footage of 3,200. (Do not round intermediate calculations. Round your final answer to 2 decimal places.)

predicted price=

 

 

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