(See Solution) A real estate agent found that there is a significant relationship among the number of acres on a farm (x1), the number of rooms in the farmhouses


Question: A real estate agent found that there is a significant relationship among the number of acres on a farm (x1), the number of rooms in the farmhouses (x2,) and the selling price in ten thousands (y) of farms in a specific area. The regression equation is y' = 44.9 - 0.0266 x1 + 7.56 x2. Predict the selling price of a farm that has 500 acres and a farmhouse with 8 rooms.

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Solution: The downloadable solution consists of 1 pages
Deliverable: Word Document

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