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TABLE 17-1 A Real Estate Builder Wishes to Determine How House Size

question 34

Multiple Choice

TABLE 17-1
A real estate builder wishes to determine how house size (House) is influenced by family income (Income) ,family size (Size) ,and education of the head of household (School) .House size is measured in hundreds of square feet,income is measured in thousands of dollars,and education is in years.The builder randomly selected 50 families and ran the multiple regression.Microsoft Excel output is provided below: $TABLE 17-1 A real estate builder wishes to determine how house size (House) is influenced by family income (Income) ,family size (Size) ,and education of the head of household (School) .House size is measured in hundreds of square feet,income is measured in thousands of dollars,and education is in years.The builder randomly selected 50 families and ran the multiple regression.Microsoft Excel output is provided below: -Referring to Table 17-1,what fraction of the variability in house size is explained by income,size of family,and education? A) 27.0% B) 33.4% C) 74.8% D) 86.5%$
-Referring to Table 17-1,what fraction of the variability in house size is explained by income,size of family,and education?

Definitions:

Duration

The length of time that something lasts or continues, often used in the context of events, processes, or conditions.

Severity

The degree of intensity or seriousness of a situation, condition, or disease.

Classical Conditioning

A learning process that occurs through associations between an environmental stimulus and a naturally occurring stimulus.

Operant Conditioning

A learning process through which the strength of a behavior is modified by reinforcement or punishment.