Log(price) =9.5+0.6*log(sqm_land) +0.17*rooms-0.04*log(CO2) N=900, R2=0.52 Question 1 Interpret the intercept Question 2 Interpret the coefficient on the square meter variable

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter4: Polynomial And Rational Functions
Section: Chapter Questions
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Log(price) =9.5+0.6*log(sqm_land) +0.17*rooms-0.04*log(CO2) N=900, R2=0.52

Question 1

Interpret the intercept

Question 2

Interpret the coefficient on the square meter variable

Question 3

Interpret the coefficient on the rooms available

Question 4

Interpret the R2

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