A Real Estate Appraiser Is Developing a Regression Model to Predict

question 65

Multiple Choice

A real estate appraiser is developing a regression model to predict the market value of single-family residential houses as a function of heated area, number of bedrooms, number of bathrooms, age of the house, and central heating (yes, no) .The response variable in this model is _______.

• A)heated area
• B)number of bedrooms
• C)market value
• D)central heating
• E)residential houses

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Definitions:

Time Zones

Geographic regions on Earth that have the same standard time, determined by the position of the region in relation to the Greenwich Meridian.

Shift

A change in position, direction, or tendency, often referring to a change in job roles, attitudes, or conditions.

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indicates the state of being conscious and aware of one's surroundings, in contrast to being asleep.

Melatonin Pill

A supplement form of melatonin, a hormone naturally produced by the pineal gland in the brain, used to regulate sleep-wake cycles or treat sleep disorders.