[Solution Library] Refer to the Real Estate data (Real_Estate_2005.XLS), which report information on homes sold in the Denver, Colorado, area during the last
Question: Refer to the Real Estate data (Real_Estate_2005.XLS), which report information on homes sold in the Denver, Colorado, area during the last year. Use the selling price of the home as the dependent variable and determine the regression equation with number of bedrooms, size of the house, whether there is a pool, whether there is an attached garage, distance from the center of the city, and number of bathrooms as independent variables.
- Write out the regression equation. Discuss each of the variables.
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Determine the value of R2. Interpret.
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