Use the data set ASSESS.MTW in the Student14 folder. [10 pts] (a) Use regression to find an equati
Question: Use the data set ASSESS.MTW in the Student14 folder.
[10 pts] (a) Use regression to find an equation that predicts the total assessed value of the hoMeand land using the number of rooms as the independent variable. Is number of rooms significant at α = 0.05. Explain.
[10 pts] (b) Use regression to find an equation that predicts the total assessed value of the hoMeand land using the area of the first floor (in square feet) as the independent variable. Is area of first floor significant at α = 0.05. Explain.
[5 pts] (c) Which equation is better for predicting the total assessed value of the hoMeand land? Explain your answer.
[5 pts] (d) What is the total assessed value of the hoMeand land for a home with 22 rooms? How comfortable do you feel making this prediction? Explain.
Deliverables: Word Document
