Model 1 ## ## Call: ## 1m (formula = Cost ## ## Residuals: ## Min ~ Distance, data = nor_df) 1Q Median 3Q Max 169590 ## -201296 -48458 -3049 49335 ## ## Coefficients: ## Estimate Std. Error t value Pr(>|t|) ## (Intercept) 765488.5 16242.5 47.13 ## Distance -6102.5 450.9 -13.53 <2e-16 *** <2e-16 *** ## ## Signif. codes: 0 ***** 0.001 **** 0.01 0.05 '.' 0.1 1 ## ## Residual standard error: 70970 on 248 degrees of freedom ## Multiple R-squared: 0.4248, Adjusted R-squared: 0.4225 ## F-statistic: 183.2 on 1 and 248 DF, p-value: <2.2e-16 Model 2 ## ## Call: ## 1m(formula = Cost ~ Home Size, data = nor_df) ## ## Residuals: ## Min 1Q Median 3Q Max 153610 ## -175173 -44115 -3414 43821 ## ## Coefficients: ## Estimate Std. Error t value Pr(>|t|) 299.27 ## (Intercept) -345269.80 54173.79 -6.373 8.95e-10 *** ## Home_Size ## 17.97 16.651 < 2e-16 *** ## Signif. codes: 0 **** 0.001 ** 0.01 ** 0.05 0.11 ## ## Residual standard error: 64300 on 248 degrees of freedom ## Multiple R-squared: 0.5278, Adjusted R-squared: 0.5259 ## F-statistic: 277.2 on 1 and 248 DF, p-value: <2.2e-16 Model 3 ## ## Call: ## 1m (formula = Cost ~ Distance + Home_Size, data = nor_df) ## ## Residuals: ## Min 1Q Median 3Q Max # # -4.456e-10 -1.495e-10 -5.530e-11 3.690e-11 1.203e-08 ## ## Coefficients: ## Estimate Std. Error t value Pr(>|t|) ## (Intercept) -1.628e+05 6.718e-10 -2.424e+14 <2e-16 *** ## Distance -6.441e+03 4.959e-12 -1.299e+15 <2e-16 *** ## Home_Size 3.128e+02 2.182e-13 1.433e+15 <2e-16 *** ## --- ##23 Signif. codes: 0***** 0.001 *** 0.01 '*' 0.05 '.' 0.1 ' ## ## Residual standard error: 7.797e-10 on 247 degrees of freedom ## Multiple R-squared: 1, Adjusted R-squared: 1 ## F-statistic: 1.786e+30 on 2 and 247 DF, p-value: <2.2e-16 Home Size Cost of Home Cost of Home $800,000- Cost and Size of Home $700,000- $600,000- $500,000- $400,000- $300,000- 2400 2700 3000 Size of Home 3300 3600 $800,000- Cost and Distance $700,000- $600,000- $500,000- $400,000- $300,000 $3,600 $3,300 $3,000 $2,700 $2,400 10 • 10 20 30 40 50 60 Distance • Home Size and Distance 20 30 40 50 60 Distance •

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter3: Functions And Graphs
Section3.3: Lines
Problem 76E
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Question
Model 1
##
## Call:
## 1m (formula = Cost
##
## Residuals:
##
Min
~
Distance, data = nor_df)
1Q Median
3Q
Max
169590
## -201296 -48458 -3049 49335
##
## Coefficients:
##
Estimate Std. Error t value Pr(>|t|)
## (Intercept) 765488.5
16242.5 47.13
## Distance
-6102.5
450.9 -13.53
<2e-16 ***
<2e-16 ***
##
## Signif. codes: 0 ***** 0.001
****
0.01
0.05 '.' 0.1
1
##
## Residual standard error: 70970 on 248 degrees of freedom
## Multiple R-squared: 0.4248, Adjusted R-squared: 0.4225
## F-statistic: 183.2 on 1 and 248 DF, p-value: <2.2e-16
Model 2
##
## Call:
## 1m(formula = Cost ~ Home Size, data = nor_df)
##
## Residuals:
##
Min
1Q Median
3Q
Max
153610
## -175173 -44115 -3414 43821
##
## Coefficients:
##
Estimate Std. Error t value Pr(>|t|)
299.27
## (Intercept) -345269.80 54173.79 -6.373 8.95e-10 ***
## Home_Size
##
17.97
16.651 < 2e-16 ***
## Signif. codes: 0 **** 0.001 ** 0.01 ** 0.05 0.11
##
## Residual standard error: 64300 on 248 degrees of freedom
## Multiple R-squared: 0.5278, Adjusted R-squared: 0.5259
## F-statistic: 277.2 on 1 and 248 DF, p-value: <2.2e-16
Model 3
##
## Call:
## 1m (formula = Cost ~ Distance + Home_Size, data = nor_df)
##
## Residuals:
##
Min
1Q
Median
3Q
Max
# # -4.456e-10 -1.495e-10 -5.530e-11 3.690e-11 1.203e-08
##
## Coefficients:
##
Estimate Std. Error t value Pr(>|t|)
## (Intercept) -1.628e+05 6.718e-10 -2.424e+14
<2e-16 ***
## Distance
-6.441e+03
4.959e-12 -1.299e+15
<2e-16 ***
## Home_Size
3.128e+02
2.182e-13 1.433e+15
<2e-16 ***
##
---
##23 Signif. codes: 0*****
0.001 *** 0.01 '*' 0.05 '.' 0.1
'
##
## Residual standard error: 7.797e-10 on 247 degrees of freedom
## Multiple R-squared:
1, Adjusted R-squared:
1
## F-statistic: 1.786e+30 on 2 and 247 DF, p-value: <2.2e-16
Transcribed Image Text:Model 1 ## ## Call: ## 1m (formula = Cost ## ## Residuals: ## Min ~ Distance, data = nor_df) 1Q Median 3Q Max 169590 ## -201296 -48458 -3049 49335 ## ## Coefficients: ## Estimate Std. Error t value Pr(>|t|) ## (Intercept) 765488.5 16242.5 47.13 ## Distance -6102.5 450.9 -13.53 <2e-16 *** <2e-16 *** ## ## Signif. codes: 0 ***** 0.001 **** 0.01 0.05 '.' 0.1 1 ## ## Residual standard error: 70970 on 248 degrees of freedom ## Multiple R-squared: 0.4248, Adjusted R-squared: 0.4225 ## F-statistic: 183.2 on 1 and 248 DF, p-value: <2.2e-16 Model 2 ## ## Call: ## 1m(formula = Cost ~ Home Size, data = nor_df) ## ## Residuals: ## Min 1Q Median 3Q Max 153610 ## -175173 -44115 -3414 43821 ## ## Coefficients: ## Estimate Std. Error t value Pr(>|t|) 299.27 ## (Intercept) -345269.80 54173.79 -6.373 8.95e-10 *** ## Home_Size ## 17.97 16.651 < 2e-16 *** ## Signif. codes: 0 **** 0.001 ** 0.01 ** 0.05 0.11 ## ## Residual standard error: 64300 on 248 degrees of freedom ## Multiple R-squared: 0.5278, Adjusted R-squared: 0.5259 ## F-statistic: 277.2 on 1 and 248 DF, p-value: <2.2e-16 Model 3 ## ## Call: ## 1m (formula = Cost ~ Distance + Home_Size, data = nor_df) ## ## Residuals: ## Min 1Q Median 3Q Max # # -4.456e-10 -1.495e-10 -5.530e-11 3.690e-11 1.203e-08 ## ## Coefficients: ## Estimate Std. Error t value Pr(>|t|) ## (Intercept) -1.628e+05 6.718e-10 -2.424e+14 <2e-16 *** ## Distance -6.441e+03 4.959e-12 -1.299e+15 <2e-16 *** ## Home_Size 3.128e+02 2.182e-13 1.433e+15 <2e-16 *** ## --- ##23 Signif. codes: 0***** 0.001 *** 0.01 '*' 0.05 '.' 0.1 ' ## ## Residual standard error: 7.797e-10 on 247 degrees of freedom ## Multiple R-squared: 1, Adjusted R-squared: 1 ## F-statistic: 1.786e+30 on 2 and 247 DF, p-value: <2.2e-16
Home Size
Cost of Home
Cost of Home
$800,000-
Cost and Size of Home
$700,000-
$600,000-
$500,000-
$400,000-
$300,000-
2400
2700
3000
Size of Home
3300
3600
$800,000-
Cost and Distance
$700,000-
$600,000-
$500,000-
$400,000-
$300,000
$3,600
$3,300
$3,000
$2,700
$2,400
10
•
10
20
30
40
50
60
Distance
•
Home Size and Distance
20
30
40
50
60
Distance
•
Transcribed Image Text:Home Size Cost of Home Cost of Home $800,000- Cost and Size of Home $700,000- $600,000- $500,000- $400,000- $300,000- 2400 2700 3000 Size of Home 3300 3600 $800,000- Cost and Distance $700,000- $600,000- $500,000- $400,000- $300,000 $3,600 $3,300 $3,000 $2,700 $2,400 10 • 10 20 30 40 50 60 Distance • Home Size and Distance 20 30 40 50 60 Distance •
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