Solution: Refer to question 4. If you pick up one more variable (age of the house, column 4) in your analysis and use it as explanatory variable along
Question: Refer to question 4. If you pick up one more variable ( age of the house, column 4) in your analysis and use it as explanatory variable along with heating area ( mini tab- attach printout name model 2)
- state the model. Interpret the meaning of the slope coefficients b and b in model 2.
b) what would be the average assessed value of a house if its size is 1750 sq ft and is 10 years old.?
C) at 5% level of significance, determine whether each explanatory variable makes a significant contribution to the regression model
D) on the basis of results in model 1 and model 2, which model appears to have more explanatory power regarding assessed value of a house? Which one will you use and why? Explain?
Deliverable: Word Document 
(Solution Library) Model building The human resources (HR) director for
(See Steps) what proportion of the sample means would be between
![[See Solution] set up a 80 %](/images/solutions/MC-solution-library-40472.jpg "[See Solution] set up a 80 % confidence interval estimate of the")
[See Solution] set up a 80 % confidence interval estimate of the
(All Steps) Set up 99% confidence interval estimate of true price
![[Solution Library] Select all possible sample of](/images/solutions/MC-solution-library-40474.jpg "[Solution Library] Select all possible sample of size 2 and set")
[Solution Library] Select all possible sample of size 2 and set
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