TABLE 14-4 A Real Estate Builder Wishes to Determine How House Size

question 111

Multiple Choice

TABLE 14-4
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:
SUMMARY OUTPUT
Regression Statistics
ANOVA

-Referring to Table 14-4, which of the independent variables in the model are significant at the 2% level?

• A) Income, Size, School
• B) Income, Size
• C) Size, School
• D) Income, School

---

Definitions:

Individual Relativism

The philosophical idea that ethical beliefs and values are relative to the individual's subjective preferences.

Ethical Decision-Making

The method of assessing and selecting options in a way that aligns with moral values.

Moral Reasoning

The process of determining the right or ethical way to act through the evaluation of complex moral issues and values.

Moral Content

The ethical significance or implications contained within an action, decision, or piece of content.