A realtor is trying to predict the selling price of houses in Greenville (in thousands of dollars)as a function of Size (measured in thousands of square feet)and whether or not there is a fireplace (FP is 0 if there is no fireplace,1 if there is a fireplace).Part of the regression output is provided below,based on a sample of 20 homes.Some of the information has been omitted. The estimated coefficient for Size is approximately
A)9.5
B)13.8
C)122.5
D)1442.6

Question

A realtor is trying to predict the selling price of houses in Greenville (in thousands of dollars)as a function of Size (measured in thousands of square feet)and whether or not there is a fireplace (FP is 0 if there is no fireplace,1 if there is a fireplace).Part of the regression output is provided below,based on a sample of 20 homes.Some of the information has been omitted.  The estimated coefficient for Size is approximately
A)9.5 
B)13.8 
C)122.5 
D)1442.6

Quizplus · Accepted Answer

The Answer of A realtor is trying to predict the selling price of houses in Greenville (in thousands of dollars)as a function of Size (measured in thousands of square feet)and whether or not there is a fireplace (FP is 0 if there is no fireplace,1 if there is a fireplace).Part of the regression output is provided below,based on a sample of 20 homes.Some of the information has been omitted.  The estimated coefficient for Size is approximately
A)9.5 
B)13.8 
C)122.5 
D)1442.6

A Realtor Is Trying to Predict the Selling Price of Houses