Real Estate Builder a Real Estate Builder Wishes to Determine How House

question 153

Short Answer

Real Estate Builder
A real estate builder wishes to determine how house size is influenced by family income,family size,and education of the head of household.House size is measured in hundreds of square feet,income is measured in thousands of dollars,and education is measured in years.A partial computer output is shown below. SUMMARY OUTPUT Regression Statistics Multiple R 0.865 R Square 0.748 Adjusted R Square 0.726 Standard Error 5.195 Observations 50 ANOVA ​ ​
-{Real Estate Builder Narrative} Which of the independent variables in the model are significant at the 2% level?

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Definitions:

Care-Based

An ethical perspective that emphasizes the importance of interpersonal relationships and the responsibility to care for others.

Virtue-Based

A moral philosophy that emphasizes the role of character and virtue in moral reasoning and ethical decision making.

Slave Morality

A concept in Nietzsche's philosophy contrasting master morality, suggesting that moral values originated in the oppressed, lower class and focus on virtues like humility and sympathy, as opposed to the aristocratic values of pride and power.

Master Morality

A concept from the philosophy of Friedrich Nietzsche that values pride, strength, and nobility as qualities of the "master," as opposed to the "slave" morality, which values kindness, empathy, and sympathy.