The following data was collected to explore how the number of square feet in a house, the number of bedrooms, and the age of the house affect the selling price of th house. The dependent variable is the selling price of the house, the first independent variable (x1) is the square footage, the second independent variable (x2) is the number of bedrooms, and the third independent variable (X3) is the age of the house. Effects on Selling Price of Houses Square Feet Number of Bedrooms Age Selling Price 1078 1 113000 1103 3 1 130500 1562 3 144800 1562 4 4. 150600 1795 4 7 206100 2507 211500

Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter8: Functions
Section8.CT: Test
Problem 19CT
icon
Related questions
Question
The following data was collected to explore how the number of square feet in a house, the number of bedrooms, and the age of the house affect the selling price of the
house. The dependent variable is the selling price of the house, the first independent variable (x1) is the square footage, the second independent variable (x2) is the
number of bedrooms, and the third independent variable (x3) is the age of the house.
Effects on Selling Price of Houses
Square Feet
Number of Bedrooms
Age
Selling Price
1078
1
113000
1103
1
130500
1562
3
4
144800
1562
4
4
150600
1795
206100
2507
8
211500
2803
9
262000
3061
12
277700
3074
12
297900
Copy Data
Step 1 of 2: Find the p-value for the regression equation that fits the given data. Round your answer to four decimal places.
Transcribed Image Text:The following data was collected to explore how the number of square feet in a house, the number of bedrooms, and the age of the house affect the selling price of the house. The dependent variable is the selling price of the house, the first independent variable (x1) is the square footage, the second independent variable (x2) is the number of bedrooms, and the third independent variable (x3) is the age of the house. Effects on Selling Price of Houses Square Feet Number of Bedrooms Age Selling Price 1078 1 113000 1103 1 130500 1562 3 4 144800 1562 4 4 150600 1795 206100 2507 8 211500 2803 9 262000 3061 12 277700 3074 12 297900 Copy Data Step 1 of 2: Find the p-value for the regression equation that fits the given data. Round your answer to four decimal places.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 1 images

Blurred answer
Recommended textbooks for you
Algebra for College Students
Algebra for College Students
Algebra
ISBN:
9781285195780
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning
College Algebra
College Algebra
Algebra
ISBN:
9781938168383
Author:
Jay Abramson
Publisher:
OpenStax
Elementary Algebra
Elementary Algebra
Algebra
ISBN:
9780998625713
Author:
Lynn Marecek, MaryAnne Anthony-Smith
Publisher:
OpenStax - Rice University
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Functions and Change: A Modeling Approach to Coll…
Functions and Change: A Modeling Approach to Coll…
Algebra
ISBN:
9781337111348
Author:
Bruce Crauder, Benny Evans, Alan Noell
Publisher:
Cengage Learning
Algebra & Trigonometry with Analytic Geometry
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage